Fonterra bosses’ mission to sell the $4.2b divestment plan
Fonterra chair Peter McBride, fellow directors and the management team, will front up farmer shareholders next week to explain the metrics around the proposed $4.22 billion divestment plan.
Zespri chairman Peter McBride is challenging employers in the horticulture sector to do more for young people in the industry.
McBride told 400 people at the Bay of Plenty Young Grower of the Year competition of the need to develop young people and bring them through the industry.
It has a lot of physical assets, but the most important is people, he says.
"In developing our young people we are creating equity opportunities for them. There are models out there for encouraging our young people to become owners; [we can] and give them opportunity in our businesses either with capital or by helping them to secure loans."
McBride says with horticulture and tourism the fastest-growing industries in NZ that creates a world of opportunity for young people -- in management, post harvest, orchard management and roles in Zespri and in the horticultural services sector.
And there is also plenty of scope for people to start their own businesses, he says.
"The business environment has never been better for young people to flourish and take opportunities. Most of these come in periods of difficulty or downturn so these are also periods of high risk. But they have to take the opportunity when it comes and push the boat out and hope the water stays in the harbour."
According to ASB, Fonterra's plan to sell it's Anchor and Mainlands brands could inject $4.5 billion in additional spending into the economy.
New Zealand’s trade with the European Union has jumped $2 billion since a free trade deal entered into force in May last year.
The climate of uncertainty and market fragmentation that currently characterises the global economy suggests that many of the European agricultural machinery manufacturers will be looking for new markets.
Dignitaries from all walks of life – the governor general, politicians past and present, Maoridom- including the Maori Queen, church leaders, the primary sector and family and friends packed Our Lady of Kapiti’s Catholic church in Paraparaumu on Thursday October 23 to pay tribute to former prime Minister, Jim Bolger who died last week.
Agriculture and Forestry Minister, Todd McClay is encouraging farmers, growers, and foresters not to take unnecessary risks, asking that they heed weather warnings today.
With nearly two million underutilised dairy calves born annually and the beef price outlook strong, New Zealand’s opportunity to build a scalable dairy-beef system is now.

OPINION: The Greens have taken the high moral ground on the Palestine issue and been leading political agitators in related…
One of the most galling aspects of the tariffs whacked on our farm exports to the US is the fact…