Why Fonterra accepted defeat in the dairy aisle
OPINION: Fonterra's sale of its consumer dairy business to Lactalis is a clear sign of the co-operative’s failure to compete in the branded consumer market.
Former Primary Industries Minister and Fonterra board aspirant Nathan Guy believes his relationships with bureaucrats in Wellington will help the co-op’s farmers immensely.
With the agriculture sector facing more legislation around sustainable farming practices, Guy says his knowledge of “how Wellington works” will be helpful.
“I have long term relationships across the whole Parliament and also with senior officials and let’s face it, they are ones who write policy,” he told Rural News.
Guy, who retires from Parliament at next month’s general election, served as a National MP for 15 years and as Minister for Primary Industries for five years. He wants to be part of NZ’s largest company.
Last week, Guy and three others – sitting director Brent Goldsack, lawyer Cathy Quinn and corporate farmer Mike O’Connor were named as the four candidates by an independent Candidate Assessment Panel.
Quinn, who has 30 years’ experience as a commercial and corporate lawyer, narrowly missed
out on a board seat last year.
O’Connor is the majority shareholder of Spectrum Group, comprising eight farms, milking 8200 cows and producing 3.1 million kgMS.
Goldsack, a former tax and financial advisor, joined Fonterra’s board in 2017 and chairs the board co-op relations committee.
Fonterra shareholders can also self-nominate as candidates – provided they have the backing of 35 shareholders, who must sign their nomination form.
Waikato farmer Annabel Cotton has been confirmed as a candidate in the media.
Rural News understands at least one prominent Fonterra shareholder will confirm their candidacy this week.
NZPork has appointed Auckland-based Paul Bucknell as its new chair.
The Government claims to have delivered on its election promise to protect productive farmland from emissions trading scheme (ETS) but red meat farmers aren’t happy.
Foot and Mouth Disease outbreaks could have a detrimental impact on any country's rural sector, as seen in the United Kingdom's 2000 outbreak that saw the compulsory slaughter of over six million animals.
The Ministry for the Environment is joining as a national award sponsor in the Ballance Farm Environment Awards (BFEA from next year).
Kiwis are wasting less of their food than they were two years ago, and this has been enough to push New Zealand’s total household food waste bill lower, the 2025 Rabobank KiwiHarvest Food Waste survey has found.
OPINION: Sir Lockwood Smith has clearly and succinctly defined what academic freedom is all about, the boundaries around it and the responsibility that goes with this privilege.
OPINION: For years, the ironically named Dr Mike Joy has used his position at Victoria University to wage an activist-style…
OPINION: A mate of yours truly has had an absolute gutsful of the activist group SAFE.