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28 Jan 2022 12:52
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  •   Home > News > Rural

    A big decision for Fonterra dairy farmers

    A big decision for Fonterra dairy farmers


    Fonterra
    Fonterra
    The Co-op's given more details of a proposed capital restructure, designed to provide more flexibility.

    It includes requiring just one share per three kilograms of milk solids, compared to the current requirement of one share per kg.

    The Country's Rowena Duncum says Fonterra's recognising there's a lot of competition in the market place, and other companies are easier to enter into.

    She says Fonterra's trying to make itself more attractive, but it will be challenging for farmers who are fully shared up.

    © 2022 Newstalk ZB, NZCity

     Other Rural News
     27 Jan: Food company Hello Foods is recalling batches of Natava SuperFoods due to the presence of Salmonella
     27 Jan: Dairy farmers are being urged to get ready for Omicron
     25 Jan: Farmers are creaming it and the economy will benefit
     19 Jan: A pleasant surprise for Fonterra at how much dairy prices have risen at the latest Global Dairy Trade auction
     11 Jan: Fonterra has been forced to slash its milk collection forecast
     18 Dec: Dairy farmers think they could face Covid-19 requirements when milk's picked up in the future
     18 Dec: Fonterra's employees have until the end of the month to say whether they think everyone at the company should be fully vaccinated against Covid-19
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