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Henry van der Heyden

Govt says won't reconsider raw milk rules until March

Govt says won't reconsider raw milk rules until March
Wellington, Oct 13 NZPA - Agriculture Minister David Carter says he will not review the raw milk regulations -- governing Fonterra and the extent to which it supplied rival processors -- until March next year.

Former mayor again seeks seat at Fonterra table

Former mayor again seeks seat at Fonterra table
Wellington, Oct 1 NZPA - Former Hamilton mayor Russ Rimmington is again challenging sitting Fonterra directors for a seat on the company's board.

Fonterra says 6pc of its shares are now 'dry'

Fonterra says 6pc of its shares are now 'dry'
Wellington, Oct 1 NZPA - Fonterra's farmer-shareholders have applied for $61 million of additional Fonterra shares this season, lifting the total number of "dry" shares to 6 percent of shares on issue - further strengthening the Co-operative's balance sheet.

High 2010 payout will be bettered next year - Fonterra

High 2010 payout will be bettered next year - Fonterra
Wellington, Sept 23 NZPA - Fonterra Co-operative Group Ltd has boosted farmer confidence by holding to plans for a bonanza payout for the current 2011 dairy season of $7/kg-$7.10/kg, representing a $9 billion shot in the arm for the economy and cheques of over $800,000 for the average farmer, wit

Farmers coping with shivers, shakes and rain - Fonterra

Farmers coping with shivers, shakes and rain - Fonterra
Wellington, Sept 23 NZPA - September has been difficult for dairy farmers trying to build up their milkflows to peak production next month, says Fonterra chairman Sir Henry van der Heyden. "I must say, September has been very, very trying, on-farm," he said.

Deutsche Bank to advise Fonterra on share trading

Wellington, Sept 2 NZPA - Fonterra has appointed First NZ Capital-Credit Suisse and Deutsche Bank-Craigs Investment Partners to advise it on creating two new markets, one to allow farmer-shareholders to trade shares among themselves, and another to allow indirect public investment in the co-opera

Sir Henry's seat on Fonterra board up for vote

Sir Henry's seat on Fonterra board up for vote
Wellington, Aug 23 NZPA - Nominations have opened for the Fonterra board seat chairman Sir Henry van der Heyden occupies, as well as those held by two other farmer-elected directors, Malcolm Bailey and Ian Farrelly.

Fonterra reaffirms forecast, sees signs of life in markets

Fonterra reaffirms forecast, sees signs of life in markets
Wellington, Aug 20 NZPA - Fonterra has reaffirmed that its payout for the 2010/11 season will be between $6.90 and $7.10 per kilogram of milksolids and says its sees signs of potential strengthening of international prices.

Falling dairy prices triggers review of Fonterra payout

Falling dairy prices triggers review of Fonterra payout
Wellington, July 4 NZPA - Fonterra may cut its forecast payout to farmers this season following the fourth consecutive month of lower prices on its internet auctions. The company said today it is reviewing the 2010-201 payout forecast because of falling dairy prices.

Fonterra board wins through on capital restructure

Fonterra board wins through on capital restructure
Wellington, June 30 NZPA - Fonterra directors today won over sufficient farmer shareholders to endorse changes to the cooperative's constitution that will allow share trading among farmers.

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