Two Fonterra shareholders and former Fonterra board members are calling on Fonterra shareholders to reduce the number of directors in a move to improve the company’s performance.
The two, Greg Gent and Colin Armer, have put forward a notice of proposal to the company’s annual meeting in late November seeking shareholder support for a reduction of board members from 13 to nine.
“We all want our cooperative to be more globally competitive and successful with a clear strategy to achieve that. Our farming businesses and livelihoods depend on that,” says Greg Gent who was formerly deputy chairman of the company. . .
Forest & Bird congratulates the New Zealand police for making an arrest as part of their investigation into a 1080 threat to infant formula late last year.
“This threat wasn’t just a challenge for our dairy industry and exports, it also had the potential to damage our ability to control introduced predators that are killing our native wildlife” explained Kevin Hackwell, Group Manager of Campaigns and Advocacy at Forest & Bird.
“We absolutely support the continued use of 1080 in New Zealand’s forests. It’s the most sensible, cost-effective way to reduce pest numbers and allow native forests and wildlife to thrive” said Mr Hackwell. . .
Alliance Group to offer farmers loyalty payments – Gerard Hutching:
Alliance Group will offer loyalty payments this season to farmer shareholders in what some observers are saying are the first shots in a procurement war.
The offer comes with the caveat that farmers have to supply 100 per cent of all their livestock or 100 per cent of one species.
The reward for farmers supplying 100 per cent of their lambs is an additional 10c per kilogram per animal.
Chief executive David Surveyor said the co-operative was forecasting $100 for an 18kg lamb for the 2015-2016 season. . .
Farmers and growers hope to avoid another drought – Gerard Hutching:
Some South Canterbury farmers and growers are shying away from being dependent on Lake Opuha water and are putting in their own bores.
Jo and Steve Malone, who own Redwood Cherries and Berries on the Pleasant Point Highway, lost thousands of dollars during this year’s disastrous drought.
“We are going to drill for water because we don’t want to be reliant on the lake. We are waiting for the council to give us consent,” Jo Malone said.
They were not as big users of water as dairy farms. Their cherries had not received irrigated water for the last five years, but it was vital for the strawberries. . .
Grain payments spell risky business – Alisha Fogden:
MAKING seven-day payment terms standard was a contentious topic in the managing market risk session at the recent Australian Grain Industry Conference in Melbourne.
Grain Trade Australia chief executive officer Geoff Honey, who was guest speaker, said that could potentially reduce competition.
“There are organisations that buy grain from you that sell it to an end-user that is on a 30-day end-of-week delivery,” he said.
“If it became seven-days EOW standard across everybody, you could be removing a layer of competition. . .
In many tropical countries, particularly in sub-Saharan Africa, cassava is one of the most important staple foods. People eat the starchy storage roots but also the leaves as a vegetable. Both have to be cooked first to remove the toxic cyanide compounds that cassava produces.
But the roots have a disadvantage: although rich in calories, in general they contain only few vitamins. Vitamin B6 in particular is present in only small amounts, and a person for whom cassava is a staple food would have to eat about 1.3 kg of it every day for a sufficient amount of this vital vitamin.
Serious deficiency in Africa
Vitamin B6 deficiency is prevalent in several African regions where cassava is often the only staple food people’s diet. Diseases of the cardiovascular and nervous systems as well as are associated with vitamin B6 deficiency.
Plant scientists at ETH Zurich and the University of Geneva have therefore set out to find a way to increase vitamin B6 production in the roots and leaves of the cassava plant. This could prevent vitamin B6 deficiency among people who consume mostly cassava. . .