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...
Fonterra
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...
Dairy
'New Zealand milk output could fall by up to 10% in the coming months'
New Zealand’s milk output could fall by up to 10% over the coming months, according to Rabobank dairy analyst Kevin...
Dairy
New Zealand milk production could fall further than expected
Fonterra has maintained its milk volume forecast for the 2015-16 season in the range of 2-3% lower than the amount collected...
Dairy
Fonterra sees huge interest in interest-free loans
Approximately 1,300 New Zealand dairy farmers have applied to Fonterra for its interest-free loan initiative within the first three days....
Agri-Business
Great fall of China hits Kerry Group's Chinese partner Beingmate
Beingmate Baby and Child Food company shares have fallen to their lowest since February 2013 after what is being dubbed...
Dairy
Fonterra to cut significantly the volume of product sold on GDT
Fonterra is significantly reducing its GlobalDairyTrade (GDT) offer quantity forecasts for the next 12 months. Since its inception in 2008...
Dairy
No government dig out for struggling Kiwi dairy farmers
Dairy farmers in New Zealand will not be offered special financial support from the New Zealand government, despite facing significant...
Dairy
US dairy giant quits Global Dairy Trade
Land O’Lakes – the fifth largest dairy in the US – has quit the Global Dairy Trade (GDT) after just...
Dairy
9 out of 10 Kiwi dairy farmers to take on extra debt this year
Fonterra’s announcement that its 2015-16 Forecast Farmgate Milk Price is reducing from $5.25 to $3.85 means a further reduction of $150,000...
Dairy
Fonterra forecasts farmgate milk price to drop below NZ$4/kg
Fonterra has forecast that it will payout NZ$3.85/kgMS (€2.31)to dairy farmers for the 2015/2016 season. The move comes as Fonterra...
Dairy
'Suspending the Global Dairy Trade (GDT) will not solve anything'
Ceasing the Global Dairy Trade (GDT) will not solve the supply and demand imbalance said the Managing Director of Fonterra...
Dairy
Fonterra fined €115,000 after causing a local stink
Fonterra, the New Zealand dairy giant, has been fined NZ$192,000 (€115,000) after it discharged buttermilk in a South Taranaki treatment pond...
Dairy
Fonterra chief says milk prices to improve in second half of year
Milk prices should improve in the second half of the year, according to Fonterra Chief Executive, Theo Spierings. He told the...
Dairy
Fonterra to push more milk powder onto market (likely more price pressure)
Prices at this week’s Fonterra Global Dairy Trade (GDT) auction could come under further pressure, according to AHDB Dairy’s senior...
