Fonterra’s $3.2b capital return to farmers set to boost rural incomes and NZ economy
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.
Speaking of Fonterra, the Hound received a curt note from a failed board candidate in last year's election...
The note was 'thanking' this old mutt for helping publicise his run as a director in 2014 – claiming it helped lift his profile (what do they say about all publicity being good publicity?). Anyway, the said column referred to a lack of talent among the challengers last year and described the talent pool of potential directors as being "as shallow as the puddle out the back of the Hound's kennel". Anyhow, the said failed candidate claims, "Got to say though that you did lament the caliber [sic] (or lack of) in the challenging pack last year. Surely now with the untrained lot hoping to get onto a sinking lid board this will make last year's lot look like rocket scientists". The Hound reckons his newest 'fan' does make a fair point!
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.