Wednesday, 12 November 2014 10:55

Fonterra chairman defends scheme

Written by Sudesh Kissun

font size decrease font size increase font size
Print
Email

FONTERRA CHAIRMAN says its Farm Source scheme is not just a rebranding.

Speaking at Fonterra's annual meeting in Palmerston North this morning, John Wilson says Fonterra's board "won't waste farmers' money".

He says Farm Source connects farmer shareholders to the full strength of the co-op.

Fonterra launched Farm Source in Methven earlier this year.Farm Source livery will be extended to include 71 'hubs' throughout New Zealand within 25km from 90% of Fonterra farmers.

About 250 farmers are at the annual meeting.

Featured

Push to speed up agrichemical approvals in NZ

A move is underway to make the Wellington bureaucracy speed up the approval process for certain agrichemicals that farmers and growers are desperate to get their hands on.

Dawn Meats confirms no Alliance plant closures

The new majority owner of meat company Alliance has no plans to close any processing plants. Instead, Dawn Meats plans to extract more value from Alliance's existing footprint.

Westpac expands community banking with new vans and extended branch hours

Westpac NZ has announced new initiatives that aim to give customers more options to do their banking in person.

NZ red meat exports surge 29% in September 2025

New Zealand red meat exports experienced a 29% increase year-on-year in September, according to the Meat Industry Association (MIA).

MPI defends cost of new biosecurity lab

The head of the Ministry for Primary Industries (MPI) biosecurity operation, Stuart Anderson, has defended the cost and the need for a Plant Healht and Environment Laboratory (PHEL) being built in Auckland.

BNZ’s First Farm initiative helps future farm owners

BNZ says its new initiative, helping make the first step to farm ownership or sharemilking a little easier, is being well received by customers and rural professionals.

National

South Island farmers battle rare double-whammy of destructive winds and unseasonal snow

A rare weather double-whammy has seen many South Island farmers having to deal with unseasonal snow while still cut off…

Pamu backs Fonterra’s $4.22B divestment as shareholders deliver strong ‘yes’ vote

One of Fonterra's largest milk suppliers says Fonterra's board and management have got what they wanted - a great turnout…

Wools of New Zealand and PGG Wrightson team up to boost wool supply chain efficiency

Wool farmers are hoping that efforts by two leading companies to develop a more efficient supply chain would eventually boost…

Elite sheep dogs to go head-to-head at Ashburton A&P Show

A major feature of the Ashburton A&P Show, to be held on October 31 and November 1, will be the…

Safer Rides initiative boosts farm quad bike safety

According to a new report, the Safer Rides initiative, which offered farmers heavily discounted crush protection devices (CPDs) for quad…

Machinery & Products

Case IH's expanded Optum Series shorter, lighter and faster

Currently available in New Zealand in 250, 270, 300 and 400 horsepower options, Case IH’s Optum Series is being readied…

Kubota to start field testing robotic tractor

Kubota has announced plans to start field testing the autonomous hydrogen powered fuel cell tractor it recently unveiled at Expo…

New player set to enter SP Mower market

While the Krone Big M has set the standard for many years, sources close to Rural News, with an ear…

US tariffs hit European ag machinery markets

The climate of uncertainty and market fragmentation that currently characterises the global economy suggests that many of the European agricultural…

Claas unveils next-generation large square baler concept ahead of Agritechnica 2025

Innovation awards at international agricultural events are always on the wishlist of manufacturers.

» Latest Print Issues Online

Visit archives

» Connect with Rural News

RSS Facebook Twitter

Fonterra chairman defends scheme

More like this

Thanks John, for the milk price!

BLNZ director 'likes' anti-farming columnist's tweets

Cheap shots offend many

Wilson farewelled in Hamilton

Wilson to be farewelled on Saturday

Popular Reads

Fonterra to boost UHT cream production with $150m plant

Bold taste wins gold medal

Pamu and LIC to launch Synergizer

Divestment means Fonterra can focus on its strengths

Rising energy prices put NZ meat processing industry under pressure