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flag New Zealand farmers vote on selling dairy brands to France’s Lactalis amid concerns over control and transparency.

flag New Zealand farmers are voting on a proposed $4.2 billion sale of dairy brands Anchor and Mainland to French company Lactalis, with concerns over long-term farmer control, transparency, and potential supply contract risks. flag Critics, including New Zealand First leader Winston Peters, argue the deal threatens national economic security and question Fonterra’s lack of transparency, citing executives’ refusal to testify before parliamentary committees. flag While Fonterra defends the sale as a return of capital—projecting payouts of about $200,000 for small producers—opponents warn short-term gains may be offset by future price declines and reduced use of New Zealand milk. flag The final decision, based on milk solids production, is expected October 30, with Prime Minister Christopher Luxon and ACT leader David Seymour urging farmers to decide without political interference.

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