Fonterra unveils divestment plan
Fonterra is exploring full or partial divestment options for its global Consumer business, as well as its integrated businesses Fonterra Oceania and Fonterra Sri Lanka.
Following Federated Farmers Dairy Council last week, the federation's dairy executive and Fonterra board are to meet.
"Our Dairy Council has spent some time on Trading Among Farmers," says Willy Leferink, Federated Farmers Dairy chairperson.
"We've agreed to meet with Fonterra's Board in the next few weeks to go through points our council members have raised.
"Trading Among Farmers is a very big decision and will be a defining point in Fonterra's evolution," Leferink says.
South Waikato farm manager Ben Purua’s amazing transformation from gang life to milking cows was rewarded with the Ahuwhenua Young Maori Farmer award last night.
Bankers have been making record profits in the last few years, but those aren’t the only records they’ve been breaking, says Federated Farmers vice president Richard McIntyre.
The 2023-24 season has been a roller coaster ride for Waikato dairy farmers, according to Federated Farmers dairy section chair, Mathew Zonderop.
Ministry for Primary Industries (MPI) director general Ray Smith says job cuts announced this morning will not impact the way the Ministry is organised or merge business units.
Scales Corporation is acquiring a number of orchard assets from Bostock Group.
Family and solidarity shone through at the 75 years of Ferdon sale in Otorohanga last month.
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