Fonterra shaves 50c off forecast milk price
Fonterra has dropped its forecast milk price mid-point by 50c as a surge in global milk production is putting downward pressure on commodity prices.
A funeral service for former Fonterra chairman John Wilson will be held in Hamilton on Saturday.
Read: Tributes flow for former Fonterra chair John Wilson.
Wilson, 54, passed away at his home on January 28; he stepped down as Fonterra chairman in July last year on medical grounds.
According to a funeral notice posted by the family, a celebration of John's life will be held at the Mystery Creek Convention Centre, Gate 2, 125 Mystery Creek Road (off Airport Road), Hamilton, on Saturday, February 2, starting 1pm.
This will be followed by a private cremation.
In lieu of flowers, donations to Hospice Waikato would be appreciated and may be left at the service, according to the family.
Wilson is survived by his wife Belinda and four daughters; Sophie, Victoria, Tessa, and Libby.
Fonterra Edendale has been recognised with the Mars Dairy Supplier Quality Award for the top performing supplier sites in the global food company's dairy supply chain.
Sheep milk processor Maui Milk has achieved grass-fed certification of milk supply against the AsureQuality Grass-Fed Scheme.
OPINION: What goes up must come down. So, global dairy prices retreating from lofty heights in recent months wouldn’t come as a surprise to many farmers.
Fonterra directors and councillors are in for a pay rise next month.
Federated Farmers says it is cautiously welcoming signals from the Government that a major shake-up of local government is on its way.
Ashburton cropping and dairy farmer Matthew Paton has been elected to the board of rural services company, Ruralco.