Fonterra, Sharesies join to make share trading easier
Fonterra is teaming up with wealth app provider Sharesies to make it easier for its farmer shareholders to trade co-op shares among themselves.
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.
A vet is calling for all animals to be vaccinated against a new strain of leptospirosis (lepto) discovered on New Zealand dairy farms in recent years.
Two major red meat sector projects are getting up to a combined $1.7 million in funding from the New Zealand Meat Board (NZMB).
Angus Barr and Tara Dwyer of The Wandle, Lone Star Farms in Strath Taieri have been named the Regional Supreme Winners at the Otago Ballance Farm Environment Awards in Dunedin.
OPINION: The distress that the politicians and bureaucrats are causing to the people of Wairoa and the wider Tairāwhiti is unforgivable.
Dairy
Rural banker Rabobank is partnering with Food Rescue Kitchen on a new TV series which airs this weekend that aims to shine a light on the real and growing issues of food waste, food poverty and social isolation in New Zealand.