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.
OPINION: In a to the 1990s, our old mates at Greenpeace continued their crusade against affordable food by abseiling down the side of Fonterra’s Te Rapa factory and unfurling a big banner.
It was all very 1990s and brought back memories of Xena, Princess Warrior.
This old mutt reckons it also smacks of the privileged, self-righteousness infecting western society these days, where chardonnay socialists, fattened up on organic eggs and salmon bagels with almond milk flat whites, try and prevent the production of affordable food for the world’s hungry masses because they’ve watched too many Netflix ‘documentaries’ about how ‘the planet is burning’.
These woke idiots, fat and happy in their leafy suburbs, don’t know what it’s like to struggle to afford food, let alone get up early every day to grow it.
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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.