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.
OPINION: Fonterra farmers will be hoping (and praying) for their second ever $8-plus milk price this season, but for the co-op's 70 organic milk suppliers, another $10-plus payout is almost a certainty.
The co-operative this month informed its organic milk suppliers that their new payout range is $8.70 to $9.30/kgMS.
With just under three months of season yet to run, those organic farmers could be the biggest winners again, given the bullish run of Global Dairy Trade prices.
Last year they became the only group of Fonterra farmers to ever pass the $10 milk price threshold. The 2019-20 organic milk price topped $10.19/kgMS.
The country’s 4200 commercial fruit and vegetable growers will vote from May 14 on a new HortNZ levy.
Meat processor Alliance Group is asking farmer shareholders to inject more capital in order to remain a 100% co-operative.
A vet is calling for all animals to be vaccinated against a new strain of leptospirosis (lepto) discovered on New Zealand dairy farms in recent years.
Dairy
Rural banker Rabobank is partnering with Food Rescue Kitchen on a new TV series which airs this weekend that aims to shine a light on the real and growing issues of food waste, food poverty and social isolation in New Zealand.
Telco infrastructure provider Chorus says that it believes all Kiwis – particularly those in the rural areas – need access to high-speed, reliable broadband.
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.