Farmlands shareholders urged to use proxy votes over AgriZeroNZ

A shareholder campaign calls on Farmlands to return its focus to supplying farm inputs at the lowest possible price.


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A Farmlands shareholder group is urging members to use their proxy votes over the co-operative’s investment in AgriZeroNZ.

Waipari Station managing director Mark Warren says his open letter asking Farmlands to focus on farm inputs drew 47,000 views on Facebook.

“This was about saying, hang on, stick to your knitting, stick to running effectively the warehouse for farmers, supplying goods at the cheapest possible input,” he says.

Mark says the last Farmlands rebate was paid a couple of years ago.

He asks shareholders with concerns to give their proxies to Laurie Paterson of Groundswell or another person they trust.

“We’re just fully focused on making sure that people take an interest in the governance.”

Mark says the group has the same concerns about meat co-operatives investing in AgriZeroNZ.

Watch the full interview:

CountryWide CONNECT with Andy Thompson & Sarah Perriam-Lampp is our daily rural show livestreamed from 11am-1pm. Visit country-wide.co.nz on how to watch/listen or download the CountryWide CONNECT mobile app, available on Apple iOS and Android.

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