Fonterra Settles Greenpeace Claim Over Anchor Butter Labelling
A day after selling its consumer businesses, Fonterra has settled a civil claim, filed by Greenpeace, out of court.
Fonterra farmers are picking up the tab of about 30 fellow shareholders forced to dry off due to damage caused by Cyclone Gabrielle.
Some Hawke's Bay farms remain inaccessible by mik tankers, brining their 2022-23 season to an end months earlier than normal.
The co-operative has agreed to pay these farmers for loss of income under its 'force majeure' terms, based on the average of the past three year's milk production.
Fonterra Co-operative Council chairman John Stevenson told Rural News that he is really proud of how the co-op has supported affected members.
"Fonterra has covered farmers' milk that was unable to be picked up, including to continue to support those who have had to dry off due to no tanker access," he says. "This is a unique benefit of being part of the co-operative."
Stevenson, who was in Napier last week, met some of the affected farmers.
"I was blown away by the resilience shown by farmers I met who had been cut off by the storm. Some have significant infrastructure damage to farms.
"Many co-op members, including councillors, have also provided support to their fellow co-op members, both during the weather events themselves and afterwards, including by sending generators, feed, and making donations of rewards dollars via Fonterra Farm Source.
"I have not heard from one farmer shareholder who does not support the co-op covering for lost milk."
With arable farmers heading into the busy planting season, increasing fuel and fertiliser prices, driven by the Iranian conflict, are a daily and ongoing concern.
OPINION: After two long years of hardship, things are looking up for New Zealand red meat farmers.
A casualty of the storm that hit the Bay of Plenty recently was the cancelation of a field day at a leading Māori kiwifruit orchard at Te Puke.
Michael Wentworth has joined the team at Mission Estate Winery, filling the "big shoes" of former Chief Executive Peter Holley, who resigned in September last year, after almost 30 years running the storied Napier venue.
Some arable farmers are getting out of arable and converting to dairy in the faced of soaring fuel and fertiliser prices on top of a very poor growing season.
The New Zealand seed industry has reached a significant milestone with the completion and approval of the new seed certification system.

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