She says the dairy co-op’s balance sheet is no longer in a position to handle more of the investment culture, while its leadership continues to deny there are any issues with strategic direction.
Concerns about the impact of Mycoplasma bovis has seen farmer confidence slide over the past quarter, the latest Rabobank rural confidence survey has shown.
FORECASTS that the commodity value of milk next season could be down nearly $1 a kilogram on this season battered dairy farmer confidence last week.
By: SIMONE SMITH
Source: The Weekly Times
When Theo Spierings’s phone rang on Aug. 1, he knew it must be bad news. The chief executive of Fonterra Cooperative Group Ltd., the world’s biggest dairy exporter, was in Europe to attend a family funeral, and he didn’t expect to be disturbed.