FONTERRA'S botulism debacle was regurgitated once again on talkback radio last week, starting with the company's supposedly contaminated product, then the revelation that there had been no such thing, and finally the pig's ear it allegedly made of handling both the initial crisis and the aftermath. A dairy farmer from the Waikato made the most rational contribution, suggesting that it might be wise for everyone who wanted to pass judgement on what had and had not happened, and who was responsible, to wait until they had the facts.
He didn't get a lot of traction, for two reasons. Firstly, the way in which the media function these days doesn't allow time to wait for the facts. Stories break in the now, and in a situation where the facts might be weeks in the uncovering they tend to be dispensed with. Any news organisation that had waited for the facts in this case would have missed the boat entirely, at the expense of circulation or ratings; immediacy is the key to competing.
Secondly, as the talkback host assured the farmer, the facts were irrelevant. The issue was one of public perception. That perceptions are often manufactured by the media didn't seem to bother him, but he was right. At the end of the day, whatever was or wasn't in Fonterra's whey, and however small the scale of potential contamination, the public perception was that two brands of infant formula put children at risk of severe illness or death. That was the fire Fonterra had to put out, but which continued to rage as the company appeared to dither.
The creation of public perceptions, particularly negative ones, has long been a forte of the media, exacerbated these days by social media that have much greater reach than mainstream, and none of the ethics that the latter should adhere to but often don't. The result is that the general population can very quickly get the wrong end of a pretty important stick, and, having got hold of it, can be reluctant to let it go.
The initial story, that Fonterra product appeared to be contaminated, and later revelations that the tests responsible for the scare were apparently inaccurate, were bisected by three global dairy commodity auctions. The first saw the price paid by Fonterra's customers dip a little, but remain higher than those commanded by other producers, the second and third achieving increases to the point where the company felt sufficiently confident to lift its supplier payout forecast by 30 cents per kilo of milk solids.