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17 Dec 2025 0:36
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  •   Home > News > Rural

    Chris Luxon is defending Fonterra farmers, who've faced a scathing critique from Winston Peters

    Chris Luxon is defending Fonterra farmers, who've faced a scathing critique from Winston Peters


    Fonterra
    Fonterra
    Peters says farmers who voted to sell off Anchor and Mainland to French dairy giant Lactalis have chosen an "outrageously short-sighted sugar hit" and "economic self-sabotage".

    He says their decision is "utter madness" and "gives away New Zealand's value".

    Speaking to Newstalk ZB in South Korea this morning, Luxon says what politicians think about this deal is irrelevant, as it's a decision for farmers.

    He personally thinks the deal is positive, but farmers are astute business people and they're sick of politicians telling them what to do.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     12 Dec: Dairy farmers are being warned they'll be taking a cut in earnings, due to falling global dairy prices
     04 Dec: Fonterra is getting closer to selling off its consumer brands like Anchor and Mainland
     03 Dec: The fall in global dairy prices continues
     01 Dec: A number of farms are converting to dairy, but cow numbers still lag behind previous peaks
     28 Nov: Farmers are turning out more milk with fewer cows
     25 Nov: Fonterra still expects most dairy farmers to break even this season
     23 Nov: Calls for farmers to get on top of worm treatment for their dogs - to stop the spread of C-ovis or sheep measles
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