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1 Jul 2025 13:05
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  •   Home > News > Rural

    The fate of Fonterra farmers is in the hands of Agriculture Minister Damien O'Connor

    The fate of Fonterra farmers is in the hands of Agriculture Minister Damien O'Connor


    Fonterra
    Fonterra
    The co-op's farmer shareholders have voted to support a change to its capital structure, which would reduce the number of shares needed to join, and discourage farmers from selling extra shares to non-farmers.

    NZME's Rowena Duncum says the system needed change but they still have to get past O'Connor, who's been cold to the idea.

    However, she isn't sure how one man against 85 percent of Fonterra shareholders is going to stack up.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     29 Jun: Dairy farmers are remaining optimistic, despite some road bumps
     04 Jun: Dairy prices are down 1.6 percent at the latest Global Dairy Trade auction
     29 May: Good news for Fonterra dairy farmers - accompanied by a "but"
     29 May: Fonterra's reporting a strong rise in profit, while warning of more global uncertainty on the horizon
     26 May: Farmers are sounding the alarm - warning the sheep industry is collapsing
     25 May: Strong global dairy commodity prices are expected to be good news for farmers this season
     22 May: New Zealand farmers are benefiting from a dairy renaissance
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