Fonterra’s $3.2b capital return to farmers set to boost rural incomes and NZ economy
According to ASB, Fonterra's plan to sell it's Anchor and Mainlands brands could inject $4.5 billion in additional spending into the economy.
Home-town hero Richie McCaw knows the milk being delivered to Christchurch's Burnside Primary School children as part of Fonterra Milk for Schools will be top-notch.
That's because the rugby legend understands the value of dairy nutrition as part of a balanced diet.
"Throughout my career, my nutritionists have made sure that dairy is a big part of my diet. The message I've always got from them is that when it comes to keeping my body in top shape, a few daily serves of dairy should always be on the menu."
McCaw says it is great to know kids from his home town will benefit from having milk every school day with the help of Fonterra farmers, the commitment of local schools and the support of the Christchurch community.
As Fonterra's brand ambassador, McCaw lent Fonterra a hand by delivering chilled milk packs to Burnside Primary School, where more than 200 Year 1-6 primary-aged school children will receive a daily dose of dairy goodness.
Managing director cooperative affairs, Todd Muller, says the cooperative is proud to be rolling out the programme in Christchurch, following its launch in Invercargill earlier this month.
"Fonterra Milk for Schools is all about caring for New Zealand's children by sharing what we do best, which is great dairy and great nutrition. And of course, great dairy all starts on-farm with our farmers who get up each morning to supply the milk that makes this programme possible."
Burnside Primary School principal, Matt Bateman, says it was great to see so many children enthusiastic about dairy.
"It has been fantastic to celebrate the first day of drinking in Christchurch with Fonterra and our community. Not only have they delivered a great programme, but they've brought a long a pretty special delivery man too. I'm pleased to say both have put some bright smiles on our children's faces today."
The national roll-out of Fonterra Milk for Schools began in Southland and Otago earlier this month following the cooperative's successful pilot in Northland. In Canterbury alone, more than 130 schools have now signed up for the programme.
According to ASB, Fonterra's plan to sell it's Anchor and Mainlands brands could inject $4.5 billion in additional spending into the economy.
New Zealand’s trade with the European Union has jumped $2 billion since a free trade deal entered into force in May last year.
The climate of uncertainty and market fragmentation that currently characterises the global economy suggests that many of the European agricultural machinery manufacturers will be looking for new markets.
Dignitaries from all walks of life – the governor general, politicians past and present, Maoridom- including the Maori Queen, church leaders, the primary sector and family and friends packed Our Lady of Kapiti’s Catholic church in Paraparaumu on Thursday October 23 to pay tribute to former prime Minister, Jim Bolger who died last week.
Agriculture and Forestry Minister, Todd McClay is encouraging farmers, growers, and foresters not to take unnecessary risks, asking that they heed weather warnings today.
With nearly two million underutilised dairy calves born annually and the beef price outlook strong, New Zealand’s opportunity to build a scalable dairy-beef system is now.