Dairy
Fonterra cuts its forecast milk price to less than 18c/L
Fonterra has reduced its forecast Farmgate Milk Price for the 2015/16 season from $4.15 per kgMS to $3.90 (€2.39) per...
Fonterra
Agri-Business
Improved Fonterra facility to process four times more milk than Belview
Fonterra recently unveiled three new processing plants at its Edendale facility on the South Island of New Zealand. The development, which...
Dairy
Fonterra slashes milk price (now equivalent to 19c/L)
Fonterra has announced that it is cutting its 2015/16 forecast milk price to $4.15/kgMS, which is the equivalent of 19c/L....
Agri-Business
Analysis: Global Dairy Trade gives transparency but does not set world dairy prices
The world largest dairy exporter, Fonterra, traded less than one-third of its products through the Global Dairy Trade (GDT) auctions...
Dairy
There's more pain ahead in the dairy market warns Fonterra CEO
There is definitely going to be more pain ahead in the dairy market, according to Theo Spierings, the Fonterra CEO. Speaking...
Dairy
Fonterra announces record export volumes in December
New Zealand dairy giant Fonterra has announced it exported record volumes for the month of December 2015. Export data for...
Dairy
Fonterra maintains its forecast farmgate milk price
Fonterra has maintained its forecast farmgate milk price of $4.60/kgMS (milk solids). In November, the co-op increased estimated earnings per share...
World News
Fonterra Australia to invest €89m in new cheese plant
Fonterra Australia will invest NZ$141m (€89m) in building a state-of-the-art cheese plant at its Stanhope factory. The new facility will...
World News
Fonterra aiming to be the number one player in the Chinese dairy market
Fonterra aims to become the number one dairy player in the Chinese market, according to its CEO, Theo Spierings. Speaking...
Agri-Business
Fonterra to sell its 50% stake in US joint venture
Fonterra is to sell its 50% interest in Dairiconcepts, the co-ops US joint venture with Dairy Farmers of America (DFA)....
Dairy
Fonterra increases its forecast earnings per share
Fonterra is increasing its forecast earnings per share, which will increase its total forecast cash payout to $4.95-5.00/kg of milk solids (MS). The...
Dairy
Fonterra hits milk production peak, but it's back on last year
Fonterra hit its seasonal milk production peak on October 22, 2015 with 86.9m litres of milk being processed on that...
Agri-Business
Fonterra's credit rating downgraded... again
Fonterra’s credit rating has been downgraded for the second time in two weeks, this time by Fitch Ratings to A...
Dairy
'There was nothing to suggest Global Dairy Trade would fall' - So what happened?
Overall dairy prices fell 3.1% at this week’s Global Dairy Trade auction, following a combined lift of 63% over the...
Dairy
Fonterra's milk deliveries down almost 9% in September
Fonterra’s milk collection across New Zealand in September was 8.7% lower than September last year and for the four months...
Dairy
Fonterra's credit rating downgraded by Standard and Poor
Fonterra’s credit rating has been downgraded by rating agency Standard and Poor from A to A-. In response, Fonterra’s Chief Financial...
Agri-Business
Cost cutting boosts Fonterra profits to €280m
In its annual results Fonterra Co-operative Group has announced a net profit after tax of $506 million for the financial...
Dairy
New Zealand dairy farmers get boost as Fonterra increases its forecast payout
Fonterra is lifting its forecast total available for payout for the 2015/16 season and also signaled that milk production will...
