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10 Aug 2022 21:15
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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
     24 Jun: Farmers says a stock control bylaw being proposed by the Tasman District Council, will be impossible for farmers to comply with
     23 Jun: Fonterra has lifted its Farmgate Milk Price to a new record high
     22 Jun: Dairy prices have dipped 1.3 percent at the latest Global Dairy Trade auction overnight
     17 Jun: Fertiliser co-operative Ballance say they are beginning to produce their own fertiliser
     08 Jun: Fonterra is buying back 50 million dollars' worth of its own shares
     08 Jun: Fonterra has announced a 50-million dollar share buyback
     08 Jun: Dairy prices have risen in the first Global Dairy Trade auction of the new season
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