Dairy farmers take contractual claim against Fonterra
Fonterra bought collapsed milk processor NZ Dairies in 2012, with farmers saying the supply agreements have left them "significantly worse off."
NBR reporter Hamish McNicol talks about Fonterra's latest dispute on NBR Radio and on dema
Hamish McNicol Tue, 08 Sep 2015
A group of South Canterbury dairy farmers is claiming unique contracts signed with Fonterra after it paid $48.5 million for a collapsed milk processor have left the farmers “significantly worse off than they would have been.”
The 20 farmers, who produce about 8.3 million kilograms of milk solids a
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