Solid third quarter result for Fonterra
Fonterra has announced an improved third quarter performance – with a profit after tax of $1.15 billion, up $119 million on the same period last year.
Meat processor Alliance Group has appointed Chris Day to its board as an independent director.
Currently, Day sits on the boards of Datacom and the Institute of Directors. Previously, he has been interim chief executive of New Zealand Green Investment Finance and a director of Christchurch City Holdings and Centreport.
Day will chair Alliance’s Audit and Risk and Capital committees.
Day says he is pleased to be joining the Alliance Board.
“I look forward to contributing my experience to help shape the future of this iconic New Zealand business.”
Alliance chair Mark Wynne says Day brings valuable expertise to the board.
“He has significant experience in transformation and finance, along with a strong ability to provide an independent perspective,” Wynne says.
Day replaces Simon Robertson who steps down from the board at the end of March.
Wynne says he thanks Robertson for his dedication and contributions to the board over the past three and a half years.
“He has been a highly engaged and valued member of the Board. As chair of our Audit and Risk, Enterprise Resource Planning, and Capital committees, his breadth of knowledge, keen insight and ability to navigate complex issues have been exceptional,” he says.
Northlanders scooped the pool at this year's prestigious Ahuwhenua Trophy Awards - winning both the main competition and the young Maori farmer award.
Red meat farmers are urging the Government to act on the growing number of whole sheep and beef farm sales for conversion to forestry, particularly carbon farming.
The days of rising on-farm inflation and subdued farmgate prices are coming to an end for farmers, helping lift confidence.
A blockbuster year and an exciting performance: that's how Ministry for Primary Industries (MPI) Director General, Ray Smith is describing the massive upsurge in the fortunes of the primary sector exports for the year ended June 2025.
Federated Farmers president Wayne Langford says the 2025 Fieldays has been one of more positive he has attended.
A fundraiser dinner held in conjunction with Fieldays raised over $300,000 for the Rural Support Trust.