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Farmer concerns rein in Fonterra proposals

Rebecca Howard
Mon, 19 Jul 2021

Fonterra suggests a number of changes to its proposal. (Image: Supplied)
Rebecca Howard
Mon, 19 Jul 2021
Fonterra will water down some of its proposed capital structure changes after farmers raised concerns about the farmer-only market and share price impacts, about balancing flexibility and about managing the transition."As a co-op, we need to be pragmatic and open to compromise in order to find a way forward together that is in our best long-term interests,” said Chair Peter McBride.Fonterra began consulting on the proposal in May and said its aim was two-fold: maintaining the financial sustainability of the co-operative and prot...

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