News | Rural
3 Jun 2020 21:14
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Rural

    The Agriculture Minister says improving the performance of Fonterra is in everyone's interests

    The Agriculture Minister says improving the performance of Fonterra is in everyone's interests


    Fonterra
    Fonterra
    Submissions on the Dairy Industry Restructuring Act close today.

    The diary giant wants an end to the 'open entry' law, which means it has to accept milk from all shareholding farmers in its collection area - while its competitors don't.

    Damien O'Connor says dairy farmers have a product that's valuable for 48 hours - and then it becomes worthless.

    He says open entry protects farmers, but Fonterra needs to be able to compete.

    He says it's New Zealand's biggest company and needs to be supported, not undermined.

    © 2020 Newstalk ZB, NZCity


     Other Rural News
     03 Jun: Dairy farmers have agreed to again bankroll their industry organisation
     29 May: Fonterra says its China dairy import volumes climbed 10.1 per cent in March after two consecutive months of declines
     21 May: Fonterra continues to strengthen its balance sheet
     21 May: Fonterra is on course to inject 11 billion dollars into the economy this year
     05 May: People made redundant from Covid 19 are the target of farmers with jobs to fill on dairy farms
     24 Apr: Dairy giant Fonterra is persisting with its fifteen to twenty cents share forecast in spite of Covid 19's impact on milk trading
     14 Apr: Dairy farmers are facing a dismal milk 5 dollars 60 a kilogram payout forecast next season - because of the coronavirus crisis
     Top Stories

    RUGBY RUGBY
    Time in the middle has given Josh Ioane a greater understanding ahead of his pending return to the Highlanders' number 10 jersey More...


    BUSINESS BUSINESS
    Air New Zealand customers whose flights were cancelled because of Covid-19 are up in arms More...



     Today's News

    Law and Order:
    Australian in New York says she won't be silent anymore, as protests continue over George Floyd's death 21:07

    Entertainment:
    Dolly Parton would consider herself a feminist 20:45

    Entertainment:
    Julianne Hough and Brooks Laich’s split was a “long time coming” 20:15

    Entertainment:
    Robin Williams’ grandson is learning about his late family member through ‘Aladdin’ 19:45

    Entertainment:
    Kristen Bell and Dax Shepard have learned how to share the parenting workload whilst sheltering at home during the coronavirus pandemic 19:15

    International:
    US protester responds to Donald Trump's church photo as George Floyd demonstrations continue 19:07

    Rugby:
    Time in the middle has given Josh Ioane a greater understanding ahead of his pending return to the Highlanders' number 10 jersey 18:57

    Entertainment:
    Nicole Richie “never fully supported” her sister Sofia Richie’s romance with Scott Disick 18:45

    International:
    What the #BlackoutTuesday movement means and why it turned your Instagram dark 18:37

    Business:
    Air New Zealand customers whose flights were cancelled because of Covid-19 are up in arms 18:37


     News Search






    Power Search


    © 2020 New Zealand City Ltd