Debate over how much control Fonterra should have
Competing dairy companies want more transparency, information about how base milk price is set.
Under the proposal, it would be less costly for farmers to join Fonterra.
Fonterra is worried legislation allowing it to do a capital restructuring places too many restrictions on the way the base milk price is set and will cost farmers more.
But competing dairy companies urged Parliament’s Primary Production Select Committee today not to dilute any of the new measures
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