Fonterra, Sharesies join to make share trading easier
Fonterra is teaming up with wealth app provider Sharesies to make it easier for its farmer shareholders to trade co-op shares among themselves.
Rural retailer RD1 has acquired Ruawai Farm Supplies, Northland. The acquisition takes the RD1 store network to 65 stores nationwide.
Fully owned by Fonterra, RD1 stores are stocked with farming essentials at everyday low prices, with a special focus on dairy. RD1 Ruawai will also carry a range of home and backyard products to cater for the wider community.
RD1 general manager Nick Berry sees the move as very positive for farmers in the area as well as the local community. "Taking over this store ensures that RD1 can continue to support farmers with their business requirements.
"There are approximately 73 Fonterra suppliers in the area, so the acquisition supports RD1's current strategy to have services available to all Fonterra farmers," he says.
"RD1 will be employing the existing Ruawai Farm Supplies staff to ensure they are given the opportunity to stay in the community and their chosen field."
Shanelle Wray has been appointed store manager of the new RD1 store. Currently a team leader at RD1 Whangarei, Wray has been with RD1 for two years and looks forward to starting in her new position from February 20.
Ruawai Farm Supplies will cease trading on February 28, 2012. It will re-open as RD1 on Thursday, March 1.
Animal rights organization, SAFE says the government needs to maintain the ban on live exports.
New findings from not-for-profit food supply and distribution organization, the New Zealand Food Network (NZFN) have revealed a 42% increase in demand for food support in 2023 compared to 2022.
New data released by LIC and DairyNZ shows New Zealand dairy farmers have achieved the highest six week in-calf rate and lowest notin- calf rate on record.
Christchurch City Council and the Canterbury Agricultural and Pastoral Association (CAPA) have signed an agreement which will open more of Canterbury Agricultural Park for public use while helping to provide long-term certainty for the A&P Show.
This year’s Fieldays will feature a Rural Advocacy Hub - bringing together various rural organisations who are advocating for farmers and championing their interests as one team, under one roof, for the first time.
ASB head of rural banking Aidan Gent is encouraging farmers to speak to their banks when they are struggling.
OPINION: Talking about plant-based food: “Chicken-free chicken” start-up Sunfed has had its valuation slashed to zero by major investor Blackbird…
OPINION: Synlait's financial woes won’t be going away anytime soon.