Port Otago and Fonterra are undertaking a workplace trial in
sharing their respective warehousing staff at peak times
between two separate milk-powder warehousing areas at Port
Chalmers.
Fonterra Shareholders Council's three southernrepresentatives
have expressed their support for Trading Among Farmers and
urged shareholders to become fullyinformed before voting on
the controversial scheme.
Debate continues to rage over Fonterra's controversial
Trading Among Farmers proposal, with Federated Farmers dairy
chairman Willy Leferink saying the lobbying from all sides is
"frankly unbelievable".
Simon Couper has resigned as chairman of the Fonterra
Shareholders Council, citing his lack of comfort with some
aspects of the Trading Among Farmers (TAF) scheme.
Dairy farmers are being warned to be cautious about spending
after Fonterra cut its forecast payout range for the current
season by 30c - representing an estimated $500 million drop
in revenue for the New Zealand economy.
Fonterra is not investigating options to build a
milk-processing plant in Central Otago, the company says,
despite indications from Central Otago Mayor Tony Lepper that
could be the case.
Fonterra will hold a special meeting of shareholders on June
25 to give them a final vote on its controversial Trading
Among Farmers scheme and "unify the co-operative".
