Fonterra FY26 Results: $9.69 Milk Price, $3.4bn Profit
Fonterra has unveiled its annual results for the 2026 financial year, posting $27 billion in revenue and close to $20 billion returned to New Zealand farmer owners and unit holders.
Fonterra has joined an international project to address the issue of malnourishment in older people.
The co-op is partnering with 24 science and nutrition organisations in the project. Older people in many countries, including New Zealand, are at higher risk of health issues because of poor nutrition.
The five-year project, ‘The Prevention of Malnutrition in Senior Subjects in the EU’, is investigating the role of diet and appetite in malnutrition and functional decline of people over 70 years.
Fonterra director NZMP medical nutrition Maarten van Beek says the research findings will help the co-op develop new food products that prevent malnutrition and support active and healthy ageing.
Almost 75% of older NZ adults in a recent Massey University study led by associate professor Carol Wham were found to be at risk of malnourishment, or were malnourished, when they were admitted to hospital.
“Older people need more protein to support good health, as malnourishment can cause muscle shrinking and other health-related problems,” van Beek says. “The findings should offer valuable insights into the best ways to incorporate more protein into their diets.
“A key focus of NZMP’s medical nutrition work is to develop tasty protein-rich products for the normal diet for older people.”
The project’s food trials will assess taste, and mobility and muscle outcomes; research participants will add NZMP protein-fortified products to their regular diets, including a coconut protein water, chocolate and vanilla pudding and rice pudding.
“Not only does improved nutrition make a difference at an individual level, it can also help to reduce strain on healthcare systems,” van Beek says.
NZMP, Fonterra’s dairy ingredients brand, makes dairy nutrition products to help people recover from malnutrition and stay healthy and active as they age.
The co-op says the functional foods market for seniors will likely be worth $95.8 billion by 2022.
The Royal New Zealand College of General Practitioners (the College) and Hauora Taiwhenua Rural Health Network are calling for investment in a proposed new training pathway for rural GPs, warning that many rural practices are struggling to recruit while a large share of the existing workforce nears retirement.
Federated Farmers has called on Central Otago District Council (CODC) to drop or vote down a plan to truck sludge from Alexandra and Cromwell to farmland near Lauder, warning it would compound an "outrageous" situation created by a separate council's decision weeks earlier.
Synlait has swung to second-half profit as operations stabilise, but the dairy processor still posted a $75.4m annual loss.
LIC shareholders have elected a new North Island representative to the co-operative's Board, along with five representatives to its Shareholder Reference Group (SRG), following the company's Annual Meeting held in Invercargill.
Farmers across parts of Southland and South Otago are continuing to deal with difficult conditions after a prolonged run of wet weather, with pressure building around feed supply, stock management, pasture damage, farm infrastructure and everyday workloads.
Federated Farmers says it welcomes Labour's commitment to reviewing the Sharemilking Agreements Act, calling on other major parties to do the same.
OPINION: It seems Canterbury processor Synlait is still in the doldrums.
OPINION: Get offside with New Zealand First leader Winston Peters at your own peril.