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31 Oct 2025 22:06
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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
     30 Oct: There are no guarantees Anchor, Mainland and Kapiti products will always be made with New Zealand dairy
     30 Oct: Plenty at stake for Fonterra farmers, as they weigh up whether to sell the co-op's consumer brands
     24 Oct: A senior analyst believes the sale of Fonterra's brands wouldn't be just a short term sugar hit
     24 Oct: A belief the sale of Fonterra will benefit the sectors adjacent to the farming industry
     22 Oct: Fonterra's announced a 75-million-dollar investment to expand butter production at its South Canterbury Clandeboye site
     20 Oct: The Prime Minister's in favour of Fonterra's selling Anchor, Mainland and Kapiti - but says it's not his decision
     10 Oct: A warning to dairy farmers - to prepare for greater climate swings
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