'The world wants what we've got' – but challenges aplenty for Fonterra

'The world wants what we've got' – but challenges aplenty for Fonterra
Fonterra's AGM was a hybrid meeting due to covid-19 restrictions. (Image: BusinessDesk)
Rebecca Howard
Fonterra executives agree the outlook for New Zealand milk is strong but aren’t downplaying the challenges ahead and say the pending vote on the new capital structure is key. “The future for New Zealand dairy is exciting. But we are not being naïve about the very real challenges we all have in front of us right now,” chair Peter McBride told the annual general meeting at the ILT Stadium in Invercargill.Chief executive Miles Hurrell was also positive.“The fundamentals of dairy – in particular, New Zealand...

More Primary Sector

Farmote Systems bought out of receivership by JV
Primary Sector

Farmote Systems bought out of receivership by JV

Waikato-based Gallagher will have the majority stake.

Biosecurity remains top priority
Primary Sector

Biosecurity remains top priority

More than 150 food and fibre industry leaders contribute to annual agribusiness report.

Rebecca Howard 12 Jun 2024