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Welcome to the final edition for 2016. It has been a year of two halves. Our business started 2016 by continuing to work in difficult market conditions. It is finishing well and we look forward to what 2017 will bring. Last month we held the Farmlands Annual General Meeting, where shareholders had their opportunity to speak on our result announcement and our Annual Report. We have taken all feedback on board and thank those that either attended in person or sent through their proxy forms to have their say.At the AGM we also announced the result of the South Island Director election. Chris Dennison has been elected on to the Farmlands Board of Directors, replacing John Foley. We would like to congratulate Chris on his election – he is someone who has great experience on both a farming and a governance level and our co-operative will benefit from his experience. Later in this edition you can read an article on John’s time as a Director – we felt it was important to pay tribute to more than a decade and a half of service to our co-operative.Finally, on behalf of the Board and staff at Farmlands, we wish you and your families a happy and safe summer. We all know that in the primary sector, there are no real days off but our hope is you at least get to recharge the batteries, spend quality time with your family and friends and close off the year in style.The Farmlander will be back in February – until then, enjoy your summer.
Peter ReidieFarmlands CEO
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