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.
Prime Minister John Key has opened Fonterra's new $200 million Darfield site in Christchurch.
He paid tribute to Fonterra's contribution to the New Zealand economy and our reputation worldwide.
Key says Fonterra is New Zealand's only "truly global champion".
"The Fonterra brand and name is known around the corporate world," he says.
The new factory processes around 2.4 million litres of milk in a single day. A second plant is under construction and it will triple Darfield's capacity.
Fonterra chief executive Theo Spierings says Fonterra's Darfield site represents a great achievement for the operations teams that had overseen its construction and successfully commissioned the plant just as the new season got underway.
"This is a tribute to the hard work of more than 1500 people who have built a world-class dairy processing site – from paddock to powder – in just 18 months," Spierings says.
"Since August, when the first bags of whole milk powder rolled off the production line, more than 30,000 metric tonnes of high quality product have been produced, destined for customers in China, South East Asia and the Middle East. That's enough to fill about 1300 20-foot containers.
"This new site is already playing an important part in delivering on our business strategy. It is one of our most efficient plants, with the capacity and flexibility that will help drive further performance improvements and a better payout for our farmers."
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.
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.
Telco infrastructure provider Chorus says that it believes all Kiwis – particularly those in the rural areas – need access to high-speed, reliable broadband.
World Veterinary Day falls on Saturday 27 April.
Graham Brown, the executive chef for Deer Industry New Zealand (DINZ), is excited about Korea.