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.
It seems Fonterra has been caught flat-footed over the supply of milk powder for calves.
Calf rearers are reporting a shortage of the co-op’s Ancalf powder; the co-op is reporting unusually high calf numbers this season -- nearly double those of last year. The problem, it seems, is higher numbers of beef calves being reared -- better than milking calves because of the lower milk payout. The shortage is expected to persist for a few weeks, prompting suggested alternatives such as Brown Bag product, early weaning and shifting calves onto meal.
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.