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Commission updates framework for reviewing Fonterra's milk price calculation


Date Time
Commission updates framework for reviewing Fonterra’s milk price calculation
The Commerce Commission has updated its approach paper outlining the framework it applies when reviewing both how Fonterra sets its annual base milk price and the Milk Price Manual used to set the base milk price.
The update takes into account changes to the Dairy Industry Restructuring Act (DIRA) that came into effect in June.
The Act requires the Commission to conduct two separate reviews of Fonterra’s base milk price setting each dairy season. At the start of each season, the Commission reviews Fonterra’s methodology for calculating its base milk price, as set out in Fonterra’s Farmgate Milk Price Manual. The legislation also requires the Commission to review the base milk price calculation at the end of each season. ....

Commerce Commission , Price Panel , Milk Price Manual , Dairy Industry Restructuring Act , Farmgate Milk Price , Milk Price Panel , வர்த்தகம் தரகு , ப்ரைஸ் குழு , பால் ப்ரைஸ் கையேடு , பால் தொழில் மறுசீரமைப்பு நாடகம் , பால் ப்ரைஸ் குழு ,

Fonterra capital structure rejig to speed through Parliament, Damien O'Connor says


Fonterra capital structure rejig to speed through Parliament, Damien O Connor says
7 May, 2021 05:40 AM
5 minutes to read
Agriculture Minister Damien O Connor has been a vocal critic of Fonterra s capital structure. Photo / File
Agriculture Minister Damien O Connor has been a vocal critic of Fonterra s capital structure. Photo / File
Agriculture Minister Damien O Connor says he will assist Fonterra s board in speeding through change needed to dairy industry law to accommodate a capital restructure.
Fonterra s board hopes to put a proposal for significant capital structure
change to a vote by the company s farmer-owners around November annual meeting time, but it will also require an amendment to the Dairy Industry Restructuring Act (Dira) which oversees New Zealand s biggest business and the $10 billion dairy industry. ....

New Zealand , Peter Mcbride , Damien Oconnor , Fonterra Shareholder Fund , Agriculture Minister Damieno Connor , Dairy Industry Restructuring Act , Trading Among Farmers , Fonterra Shareholder , புதியது ஜீலாந்து , பீட்டர் மக்ப்ரைட் , டேமியன் ஒக்கொன்னோர் , பால் தொழில் மறுசீரமைப்பு நாடகம் , வர்த்தக மத்தியில் விவசாயிகள் ,