Survey shows most Fonterra farmers plan to use capital return for debt reduction
A large slice of the $3.2 billion proposed capital return for Fonterra farmer shareholders could end up with the banks.
With no official word from the co-op and Underhill no longer appearing as a member of the co-op's management team on its website, this one is a mystery.
We believe it may be linked to the Fonterra board's recent re-think on the co-op's communications strategy.
With so many great stories to tell in New Zealand and around the world, Fonterra should not be holding back.
