The Country
  • The Country home
  • Latest news
  • Audio & podcasts
  • Opinion
  • Dairy farming
  • Sheep & beef farming
  • Rural business
  • Rural technology
  • Rural life
  • Listen on iHeart radio

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • Coast & Country News
  • Opinion
  • Dairy farming
  • Sheep & beef farming
  • Horticulture
  • Animal health
  • Rural business
  • Rural technology
  • Rural life

Media

  • Podcasts
  • Video

Weather

  • Kaitaia
  • Whāngarei
  • Dargaville
  • Auckland
  • Thames
  • Tauranga
  • Hamilton
  • Whakatāne
  • Rotorua
  • Tokoroa
  • Te Kuiti
  • Taumurunui
  • Taupō
  • Gisborne
  • New Plymouth
  • Napier
  • Hastings
  • Dannevirke
  • Whanganui
  • Palmerston North
  • Levin
  • Paraparaumu
  • Masterton
  • Wellington
  • Motueka
  • Nelson
  • Blenheim
  • Westport
  • Reefton
  • Kaikōura
  • Greymouth
  • Hokitika
  • Christchurch
  • Ashburton
  • Timaru
  • Wānaka
  • Oamaru
  • Queenstown
  • Dunedin
  • Gore
  • Invercargill

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In

Advertisement
Advertise with NZME.
Home / The Country / Listen

Listen: Fonterra - Poor performance 'more than just numbers'

The Country
27 Sep, 2018 07:00 PM2 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

Photo / File

Photo / File

Fonterra has been open in its communication with farmers about the disappointment of its Annual Results this year, says Mike Borrie.

"I do believe that we've certainly fronted up from a management and board perspective."

Fonterra's Head of Farm Source for Northland spoke to The Country Early Edition's Rowena Duncum about how the results have been communicated to its farmers.

Borrie says an email which was "very clear around the disappointment," was sent from chairman John Monaghan on the day of the results and Fonterra has also held 20 shareholder meetings around the country to connect with its shareholder farmers.

Listen below:

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

"Fonterra is a big part of our country, we play a big part in the community and the economy ... we're a little unique as well, we're owned by 10,000 farming families and our poor performance is more than just numbers."

"Our performance this year wasn't good enough and we must improve."

It's not all bad news, as Borrie points out that Fonterra's milk price is still healthy and that projects such as Milk for Schools and Grassroots Fund shows a positive face of the co-op in the community.

Advertisement
Advertise with NZME.

Also in today's interview: Mike Borrie tells Rowena about Whittaker's and Tip Top's new ice cream hitting store shelves this week and what's coming up on Fonterra's calendar.

Discover more

Big cheese: Our mozzarella on 500m pizzas

06 Sep 07:00 PM

Listen: 'Robust questions' at Fonterra farmer meetings

19 Sep 09:00 PM

Fonterra: 'A lot to do to get basics right'

24 Sep 08:40 PM

Listen: Kiwi dairy farms need to start producing A2 milk

26 Sep 03:30 AM
Save

    Share this article

Latest from Dairy

The Country

Food stats shock: Prices soar as fruit and veges follow butter spike

The Country

GDT: Prices up, but cheddar slumps

The Country

MenzShed revitalises historic dairy factory for community


Sponsored

Solar bat monitors uncover secrets of Auckland’s night sky

Advertisement
Advertise with NZME.

Latest from Dairy

Food stats shock: Prices soar as fruit and veges follow butter spike
The Country

Food stats shock: Prices soar as fruit and veges follow butter spike

The latest Selected Price Index shows food price inflation continues to rise.

16 Jul 11:24 PM
GDT: Prices up, but cheddar slumps
The Country

GDT: Prices up, but cheddar slumps

15 Jul 09:30 PM
MenzShed revitalises historic dairy factory for community
The Country

MenzShed revitalises historic dairy factory for community

15 Jul 03:00 AM


Solar bat monitors uncover secrets of Auckland’s night sky
Sponsored

Solar bat monitors uncover secrets of Auckland’s night sky

06 Jul 09:47 PM
NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP