Fonterra confirms timeline for Lactalis deal and $2-per-share capital return
The sale of Fonterra’s global consumer and related businesses is expected to be completed within two months.
OPINION: The Hound would have thought - with the end of all the Covid regulations earlier this month - it would see public entities no longer using the restrictions to limit media access.
However, it seems that Fonterra is still refusing to hold 'in person' media attendances at its corporate announcements - the latest example was the co-op's recent annual results unveiling.
Despite taking place a good two weeks after the Government dropped all the Covid protocols, the dairy giant's media managers still won't allow journalists to front up at Gumboot castle and quesiton the chairman and executive team in person.
Access was only granted by phone or weblink - which is never as useful or enlightening as face-to-face.
It begs the question - if it no longer has the excuse of using Covid health requirements in fronting the media in person -what is Fonterra, its chair and leadership trying to hide?
The sale of Fonterra’s global consumer and related businesses is expected to be completed within two months.
Fonterra is boosting its butter production capacity to meet growing demand.
For the most part, dairy farmers in the Waikato, Bay of Plenty, Tairawhiti and the Manawatu appear to have not been too badly affected by recent storms across the upper North Island.
South Island dairy production is up on last year despite an unusually wet, dull and stormy summer, says DairyNZ lower South Island regional manager Jared Stockman.
Following a side-by-side rolling into a gully, Safer Farms has issued a new Safety Alert.
Coming in at a year-end total at 3088 units, a rise of around 10% over the 2806 total for 2024, the signs are that the New Zealand farm machinery industry is turning the corner after a difficult couple of years.