Fonterra Expands China Foodservice Business with New Anchor Essence Cream
Fonterra is strengthening its foodservice presence in China with the launch of a new cream for professional bakeries at Bakery China 2026 in Shanghai.
Canterbury farmer Michelle Pye has been elected to Fonterra’s board for a three-year term.
Sitting director Alison Watters was re-elected. The third candidate, Mike Fleming, chair of Fortuna Group Ltd, was unsuccessful.
Elections were held for two director positions – director Andy Macfarlane retired after completing eight years on the board.
Michelle and her husband Leighton have owned and operated Pye Group, a large-scale agricultural business based in Canterbury, for over 23 years. They farm over 7,000 hectares with dairy, cropping, process vegetable, grazing, transport and contracting operations. Pye Group’s dairy business consists of ten farms producing 4.5 million milk solids with a further three farms to be added to the group next season.
Michelle has recently been re-elected for a second term as a councillor for Timaru District Council. She is also a director of Potatoes NZ and the chair of The Potato Seed Co-op Ltd. Previously Michelle has been a member of the Fonterra Co-operative Council where she was a committee chair. She was also an inaugural member of the Fonterra Sustainability Advisory Panel.
In the Co-operative Council elections, David Beuth and Tom Houston were elected from Northern Bay of Plenty and Eastern Bay of Plenty wards respectively.
In seven other Co-operative Council wards where elections were due, nominees were elected unopposed.
The councillors in these wards are:
Ward 5 – Hauraki - Ryan Burton
Ward 8 – South Waikato - Wynn Brown
Ward 9 – King Country - Paulette Johns
Ward 14 – Coastal Taranaki - Anne Bridges
Ward 15 – Southern Taranaki - Shirley Kissick
Ward 20 – North Canterbury - Patrick Whittle
Ward 23 – Otago - Larry Frost
Kissick and Whittle are new councillors; the remainder of the above group are re-elected incumbents.
In advance of the Budget, Finance Minister Nicola Willis put a clear damper on expectations and delivered accordingly.
Farmers should be cautiously optimistic as the 2026/27 season kicks off, says DairyNZ.
RaboResearch senior analyst Emma Higgins expects the 2026/27 dairy season to be another profitable one.
The new dairy season is kicking off with plenty of risks to the forecast farmgate price, both upside and downside, says ANZ agricultural economist Matt Dilly.
A potential showdown between the top two Federated Farmers leaders looms at the farmer lobby's annual meeting later this month.
FarmIQ Systems has developed a free land management app to help remove barriers to New Zealand farmers and growers adopting digital tools.
OPINION: Reckless action by Greenpeace in 2024 forced Fonterra to shut down a drying plant for four hours, costing the co-op…
OPINION: The global crusade against fossil fuel is gaining momentum in some regions.