3 min
Richard McIntyre: Federated Farmers Dairy Chair on the response to Fonterra's change in strategy Early Edition on Newstalk ZB
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- News
Federated Farmers says most farmers are looking at Fonterra's change in strategy with cautious optimism.
The dairy giant's signalled its intent to divest well-known brands such as Anchor and overseas brands Fonterra Oceania and Fonterra Sri Lanka.
It wants to focus on producing ingredients and selling them to consumers and other businesses.
Federated Farmers Dairy Chair Richard McIntyre told Mike Hosking that some are concerned about Fonterra's potential move away from value-added products.
But he says they're also talking about investing more in innovation, so it'll be interesting to see the detail.
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Federated Farmers says most farmers are looking at Fonterra's change in strategy with cautious optimism.
The dairy giant's signalled its intent to divest well-known brands such as Anchor and overseas brands Fonterra Oceania and Fonterra Sri Lanka.
It wants to focus on producing ingredients and selling them to consumers and other businesses.
Federated Farmers Dairy Chair Richard McIntyre told Mike Hosking that some are concerned about Fonterra's potential move away from value-added products.
But he says they're also talking about investing more in innovation, so it'll be interesting to see the detail.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
3 min