Suitors line up
OPINION: As Fonterra's divestment of its Oceania and global consumer businesses progresses, clear contenders are emerging.
OPINION: Sticking with the NZ Primary Industries Summit, Fonterra chief executive Miles Hurrell’s quip about the milk price has been doing the rounds on Twitter.
Hurrell told the gathering that: “When I put the milk price up, I can count on one hand the number of emails I get. If I put it down, though, I could spend all day scrolling through the valuable farmer feedback I receive”.
One farmer replied that “all feedback was valuable”.
“So, why doesn’t he just keep outing it up,” quipped another.
“Santa only comes once,” said another.
The country's second largest milk processor hopes to produce its first commercial butter within two months.
There's no doubt that vehicle manufacturers at Fieldays saw a steady stream of rural folk treading the boards.
Fonterra's co-op model and what it does for New Zealand has lured one of its bright stars back on board.
Farmer lobby Federated Farmers is reporting a growth in membership, for the first time in decades.
New Zealand's Ruminant Biotech says that while it has big goals, the scale of the problem it seeks to solve requires it.
The upheaval in the Middle East may have eased the fall in global dairy prices last week.