kiwi pom
Member
- Location
- canterbury NZ
Fonterra are responsible for their own demise, moving away from a co-operative model (dollar in dollar out ) towards a more corporate structure, with fair share value, the suits in Auckland sucked them in and will now start to bleed them dry, it really is a great pity, the set up was working well for the farmer before.
They got way off track with Theo in charge, I don't know if they are any better now. Despite that the other, supposedly better run competition pay no more for their milk and would pay considerably less if they could get away with it.
That day might be getting closer as Fonterra don't have to take any supply the others don't want anymore.