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15 Feb 2025 6:23
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  •   Home > News > Rural

    Big changes could be on the horizon for Fonterra

    Big changes could be on the horizon for Fonterra


    Fonterra
    Fonterra
    More than 85 percent of the co-operative's farmer shareholders have voted to revamp its capital structure.

    It would make joining it cheaper - and preserves farmer ownership by reducing the shares they must hold.

    As milk production falls there are concerns more farmers will sell surplus shares to non-farmers.

    Board chair Peter McBride says this is the most important decision made in almost a decade.

    The Government must make legislative changes to officially allow the move.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     06 Feb: KiwiRail and Fonterra are celebrating a full return of rail volume to Northland
     29 Jan: Fonterra is investing 150 million-dollars in electrification over the next 18 months
     15 Jan: Good news for dairy farmers - not so good for everyone else
     16 Dec: An early Christmas present for sheep farmers, with rising export prices for lamb
     05 Dec: Fonterra has raised the midpoint of its forecast Farmgate Milk Price, by 50 cents, to 10 dollars
     20 Nov: Dairy prices have risen another 1.9 percent at this morning's Global Dairy Trade auction
     12 Nov: Another global dairy giant could take over some of Fonterra's most well-known brands
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