Tuesday, 28 March 2023 11:55

Co-op spirit shines through

Written by  Sudesh Kissun
Fonterra Co-operative Council chairman John Stevenson. Fonterra Co-operative Council chairman John Stevenson.

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."

More like this

Fonterra names Templeman-Jones to Mainland Group board amid divestment

As part of preparing for a potential IPO in relation to the divestment process for its global Consumer business and integrated businesses Fonterra Oceania and Sri Lanka, Fonterra has named Anne Templeman-Jones as chair-elect of the Audit and Risk Committee for the Mainland Group board.

Featured

National

Machinery & Products

Farmer-led group buys Novag

While the name and technology remain unchanged and new machines will continue to carry the Novag name, all the assets,…

Buhler name to go

Shareholders at a special meeting have approved a proposed deal that will see Buhler Industries, the publicly traded Versatile and…

» Latest Print Issues Online

The Hound

Make it 1000%!

OPINION: The appendage swinging contest between the US and China continues, with China hitting back with a new rate of…

Own goal

OPINION: The irony of President Trump’s tariff obsession is that the worst damage may be done to his own people.

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter