Fonterra – creaming it?

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Put aside the massive amount of water they take, put aside the environmental damage they cause the remaining water they don’t take, put aside the animal cruelty of intensive farming, put aside the outrageous global price NZers have to pay domestically, put aside the clean green propaganda they run, put aside the fact that dairy is a sunset industry with synthetic milk and meat around the corner, put aside the methane gas that creates climate change, put aside the political power these arseholes wield – isn’t it weird that Fonterra has 6000 people on $100 000 when only 5% of NZers earn $100 000…

What loss? 200 Fonterra staff fly to California beach resort for meeting
Europe-based Fonterra staff would have travelled at least 9000km to attend a sales and marketing meeting at a Southern California beach resort town, a venue the dairy company says was chosen because of its proximity to LAX airport.

The company is refusing to give details of the meeting at tourist and surf mecca Huntington Beach, which NBR has reported was attended by up to 200 staff from the co-op’s New Zealand milk product division at the time Fonterra was announcing a historic annual loss of $196 million last week.

Fonterra responded to questions about the meeting with this statement:

“NZMP is an international business, with the majority of staff and customers based offshore, including a significant number in Europe, the US and South America. Every two years, select members of this team come together for a sales and marketing meeting to review performance and develop strategic plans for the following 12 months.

“The location of the global meeting varies but is always organised near a major airport hub. The venue for this year’s meeting was selected due to its proximity to LAX. Books for the event were made several months ago to ensure cost efficiencies.”

Huntington Beach is at least an hour’s drive from LAX.

It’s not unusual for large international businesses like Fonterra to hold conferences overseas, but the farmer-owned cooperative is in the public spotlight for its financial performance, number of managers, and staff salaries. Its annual report last week showed nearly 6000 staff were on $100,000 and up.

Cabinet minister Shane Jones told the Herald last week that Fonterra’s new chief executive Miles Hurrell needed to “get out the hedge clippers and start pruning people” and urged the company to drop its “flashy” front.

…someone is getting rich, and it ain’t the poor hard working farmer.

 

4 COMMENTS

  1. @ MB.
    Meet tip of iceberg.

    Personally? As a one-time farmer, and I by that, I mean an actual farmer. A farmer who came from a family who used organic and sustainable farming practises I must confess, I don’t give one fuck for farmers. They’ve had their chances to come up to speed like the rest of had to do. If they still cling to the Natzo apron strings they deserve all the abuse meted out to them.
    Until farmers become a union, they’ll always be swindled by the banks and abused by city people. Farmers need to form a union then go on strike for twelve months. How long would it take to cook up Foo Foo, the labradoodle? Does Little Miss Fluffy Bottom the kitty cat need to be plucked before she’s popped on the barbi?
    You shoot at farmers with pop gun, brain farts? Then farmers should drop an atom bomb on you fuckers. But I digress.
    When my father, mother and myself as a kid, tiled, a system of using clay pipes laid end to end in damp run-off areas to drain that area out, by hand. Dad then used a bull dozer to shave off eyebrow abutments over the now redundant swampy gullies. We used chicken shit on the freshly laid bare clay faces to encourage grass regrowth. I know. I was the kid on the end of the wheel barrows full of chicken shit. You know what a barrow load of fresh chicken shit smells like? You do know? That eggs come out the poo hole, right? And when I say, I was on the end of the barrow? Not the handle bars end. I got the wheel end. That, combined with sheep shit raked from under woolsheds plus grass seed gave an amazing result.
    Today? Now that the bankers are in control, it is they who are the architects of the below paragraph of yours. They’ve forced farmers into increasing ‘production’ and that’s to be done by over stocking after artificial fertilisers are dusted on their paddocks AFTER those paddocks are poisoned off using glyphosate, every oncologists disease of choice. ( Did you know? Grains are ‘ripened’ by spraying with glyphosate? Enjoy your breads and muslie as you open your window envelope from the money lender. In the meantime, Farmers just have to tag along, doffing their caps while begging for scraps.
    “ Put aside the massive amount of water they take, put aside the environmental damage they cause the remaining water they don’t take, put aside the animal cruelty of intensive farming, put aside the outrageous global price NZers have to pay domestically, put aside the clean green propaganda they run, put aside the fact that dairy is a sunset industry with synthetic milk and meat around the corner, put aside the methane gas that creates climate change, put aside the political power these arseholes wield –“
    You mention ‘political power’? What political power? 52 thousand people derive their sole income from agrarian endeavours.
    It’s you idiot Aucklander types brain washed by increasing property ‘values’ who vote for the Natzo’s. Sure, some farmers do too, but it’s not farmers who have the numbers.
    One Natzo covers a huge area down round these here parts but these here parts have a tiny human population and the last time I looked at Balclutha, a town of about 4000 poor bastards, there were, I think, nine empty businesses along the main street.
    Having said that… Isn’t it interesting that keith holyoak was a farmer? As were a number of other high profile Natzo NZ/AO politicians including bill english, Natzo speaker of the house david carter, roger douglas, etc. They came to realise that it was easier to exploit their comrades than to BE a comrade.
    Fonterra’s exactly the same beast. As are the banks. They know how to exploit the wealth creating albeit ignorant farmer, and you city people certainly know how to spend the money.

  2. I don’t begrudge the 6000 Fonterra workers on $100,000 but I do have real issues with the 8 million dollar type salary especially after the appalling damage to the company and disastrous business moves like investing in offshore partnerships that continually don’t work out, (but still they keep blowing money in that direction).

    $100,000 is not that large a salary when Kiwibuild offer those ‘affordable’ houses on income levels above $100,000 because you now need that to afford a government PPP built ‘affordable’ home. So that is not an extreme salary anymore.

    Also making units up to $700 a week rent in Wellington is also being hailed as ‘affordable’ but not much interest in raising wages to match the new affordable housing???
    https://www.stuff.co.nz/dominion-post/news/107073873/Council-partners-with-developers-to-ease-Wellingtons-rental-crisis

    Farming does not have to be environmentally damaging. It is also important way to keep open spaces. More people is the most environmentally damaging thing to the environment in most cases… work out the costs of building the shitty and environmentally bereft ways we do things in NZ with pavement runoff going into our seas.

    They are now predicting potential food shortages and increases in the cost of food as in Auckland our productive land is being converted into spec housing which the whole world can invest in.

  3. Long before 2050 there will be no farming, and chances are no people repeat for those asleep no people.
    No one talks about Agenda 21 and it’s a shame because every business downturn and demise is by design, along with every case of cancer and every autistic child. Nothing is a mistake. Nope, when your country and its politicians and CEOs are owned by Rothschild nothing is ever a mistake.

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