Peters Targets Fonterra
OPINION: Get offside with New Zealand First leader Winston Peters at your own peril.
OPINION: Agriculture Minister Damien O’Connor has thrown a spanner in the works as far as Fonterra’s proposed capital structure is concerned.
He wants unspecified “alternative measures” otherwise Parliament won’t pass regulatory changes needed for the new structure to become effective.
O’Connor’s stance is going against the wishes of Fonterra’s 10,000 farmer shareholders, who have helped the board draft the capital structure proposal so that it remains 100% farmer owned and controlled.
But O’Connor was singing a different tune when Westland Milk, located on his home patch, was sold to a Chinese buyer two years ago.
He was unhappy with the co-op being offloaded to an overseas buyer and even wished Fonterra had bought the Hokitika-based business.
Election years are always a concerning time for farmers, according to DairyNZ chair Tracy Brown.
The Ballance Farm Environment Awards are coming to the West Coast of the South Island.
Most dairy regions around the country have had a pretty good season so far says Tracy Brown.
Rural leader Mark Hooper has been appointed as an independent director to the NZPork board, bringing extensive farming, governance and advocacy experience to the role.
Opportunity says its land value tax (LVT) is unlikely to force farmers into a position where asset sales or increased debt are required.
Milk powder prices are keeping farmgate prices up, helping processors offset the dip in milk fat prices.
OPINION: Get offside with New Zealand First leader Winston Peters at your own peril.
OPINION: Being a stock manager of a Government MP's farm can come in handy.