Revamped Fonterra to be ‘more capital-efficient’
Fonterra chair Peter McBride says the divestment of Mainland Group is their last significant asset sale and signals the end of structural changes.
Fonterra chairman John Wilson has admitted that the co-op has "dropped the ball" when communicating with shareholders.
During a discussion with shareholders at the co-op's annual meeting in Waitoa today, Wilson said that informing farmers earlier this year about new PKE usage limits was one such example.
Wilson says the co-op must get its communications better and it is the front of mind for management.
Former King Country MP, Shane Ardern told the meeting that the co-op was unable to take stakeholders along on its strategy "in these turbulent times".
"We definitely have communication issues," Ardern told the meeting.
"We have to do better in our PR department."
The National Wild Goat Hunting Competition has removed 33,418 wild goats over the past three years.
New Zealand needs a new healthcare model to address rising rates of obesity in rural communities, with the current system leaving many patients unable to access effective treatment or long-term support, warn GPs.
Southland farmers are being urged to put safety first, following a spike in tip offs about risky handling of wind-damaged trees
Third-generation Ashburton dairy farmers TJ and Mark Stewart are no strangers to adapting and evolving.
When American retail giant Cosco came to audit Open Country Dairy’s new butter plant at the Waharoa site and give the green light to supply their American stores, they allowed themselves a week for the exercise.
Fonterra chair Peter McBride says the divestment of Mainland Group is their last significant asset sale and signals the end of structural changes.

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