Formerly gagged Fonterra director seeks re-election – Sally Rae:
Former gagged Fonterra director Leonie Guiney says she can see very clearly how to solve the co-operative’s “reputational issues”.
The South Canterbury dairy farmer is seeking election to the board in this year’s director elections through the self-nomination process.
Mrs Guiney recently settled a defamation claim against the Fonterra board, over a letter the board sent Fonterra’s 10,000-odd farmer-shareholders explaining why it had sought a court injunction gagging her from speaking about the business.
She left the board last year after serving three years. She said she departed because she was prevented from re-contesting her seat when it came up by rotation, the New Zealand Herald reported. . .
When you talk to Matamata dairy farmers Rod and Sandra McKinnon about environmental sustainability it’s easy to understand why the couple won the 2017/18 Waikato Ballance Farm Environment Awards.
When Rod and Sandra McKinnon bought a 44-hectare farm near Matamata in 1992 some people thought they were crazy.
‘I remember someone describing it as a ‘nasty little wet farm’, but it had a stream and some native bush and we could see the potential”, says Sandra.
Fast forward 26 years and following some serious hard work and expansion the farm (now 194-hectares, milking 400 cows on 155-hectares effective) is an award winner, with Rod and Sandra taking out the supreme title at the 2017/18 Waikato Ballance Farm Environmental Awards. . .
The New Zealand Shareholders’ Association will vote against the $434 million sale of PGG Wrightson’s seeds division to a Danish cooperative.
The retail investor lobby says the mostly cash offer from DLF Seeds is attractive at face value, with a $292 million capital return attached. However, that short-term gain will shrink Wrightson to less than half its current size and leave it holding businesses inferior to the grains and seeds division.
“It seems to us that if shareholders accept DLF’s offer, they will potentially lose in the long run unless PGW can pull a rabbit out of the hat and grow the rump business,” the Shareholders’ Association said.
New Zealand sales of Westgold butter have just soared past the three million mark, on the back of a consumer shift towards more natural fats.
Produced in Hokitika by Westland Milk Products, Westgold is marketed as the ‘everyday gourmet butter’. It appeared in nearly a quarter of Kiwi fridges last year, and Westgold’s salted butter was the third most purchased butter in North Island New World supermarkets, according to recent Nielsen data. . .
Two years ago, San Francisco-based sustainable sneakers brand Allbirds launched with one style of shoe: the Wool Runner; a pair of minimal, slightly fuzzy lace-up trainers crafted from superfine merino wool.
They were the first trainers ever to have been made from the material, and in the first week of trading, Time magazine wrote a splashy article billing them ‘the world’s most comfortable shoes.’
Customers – including half of Silicon Valley’s tech bros – and investors – including the likes of Leonardo Dicaprio – came in droves. Fast-forward two years and the company, who recently sold its millionth pair, has just raised an additional $50 million in funding, valuing it at over $1 billion.
A coastal sheep and beef farm – which also sustains an eco’ tourism business and commercial honey-production venture – has been placed on the market for sale.
Kawakawa Station at Ngawi near Cape Palliser on the south-eastern tip of the North Island is a 1,379 hectare waterfront property traditionally capable of carrying approximately 5115 stock units over winter. As well as running the freehold block, Kawakawa Station also leases some 785 hectares of adjoining hillside grazing land to feed the Romney herd. . .
A pair of adjoining sheep and beef breeding and finishing blocks – being run as one substantial farming operation serviced by its own airfield and fantastic laneway system – has been placed on the market for sale.
Combined, the two farms near Dannevirke in the Southern Hawke’s Bay encompass a total of 1,738 hectares of rolling countryside fenced into some 160 paddocks, and known as Rolling Downs Station. . .