Primary Sector

Has Fonterra queered the pitch for NZ agri investment overseas?

Jenny Ruth
Wed, 10 Feb 2021

Jenny Ruth
Wed, 10 Feb 2021
Dairy farmers' experience of Fonterra's disastrous track record in overseas investments appears to have made them extremely averse to any further foreign investment.Livestock Improvement Corp. chair Murray King (pictured below) cites the sharp increase in the use of genomic selection when it comes to inseminating cows as proof his co-operative's farmer members are gaining increasing confidence in the science LIC is producing.But last year's shareholder revolt against management's proposal to take a 50 percent stake in Israel...

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