A great outcome - Hurrell
Fonterra chief executive Miles Hurrell says the sale of the co-op’s consumer and associated businesses to Lactalis represents a great outcome for the co-op.
Fonterra welcomes the New Zealand Government's confirmation that the quality issue involving whey protein concentrate is confined to the products made from three batches of WPC80 and no other New Zealand dairy products are affected.
Fonterra chief executive Theo Spierings says: "Public safety is Fonterra's number one priority. When we informed our customers and the Ministry for Primary Industries of the quality issue, we advised them that it was limited to three batches of whey protein concentrate.
"We appreciate the New Zealand Government confirming this to be the case and reiterating the safety of all other New Zealand dairy products, including Whole Milk Powder (WMP) and Skim Milk Powder (SMP), butter and cheese.
"Our customers and trading partners have been reassured of this and we are continuing to work closely with the New Zealand Government to ensure that we are communicating accurate messages about product quality and safety."
The potentially affected product is confined to 38 metric tonnes of whey protein concentrate (WPC80) manufactured at a single Fonterra site in New Zealand. This was subsequently used in the manufacture of infant formula, juice and dairy beverages, yoghurt, body building powder, and animal stock food.
"Our customers have worked quickly to locate and secure products that were not in the market and, where they had already reached retail shelves, initiate recalls. Their fast response has meant that almost all products are now back or on their way back", Spierings says.
For information on recalls taking place in New Zealand, visit www.mpi.govt.nz
Fonterra chief executive Miles Hurrell says the sale of the co-op’s consumer and associated businesses to Lactalis represents a great outcome for the co-op.
The world’s largest milk company Lactalis has won the bid for Fonterra’s global consumer and associated businesses.
Fonterra has increased its 2024/25 forecast Farmgate Milk Price from $10/kgMS to $10.15/kgMS.
It took a stint at university to remind Otago dairy farmer Megan Morrison that being stuck in a classroom was not for her.
Farmer lobby group Federated Farmers has announced it is supporting a new Member’s Bill which it says could bring clarity to New Zealand farmers and save millions in legal costs.
DairyNZ has announced the date for its upcoming Milksolids Levy vote.
OPINION: Milking It reckons if you're National, looking at recent polls, the dream scenario is that the elusive economic recovery…
OPINION: Sydney has a $12 million milk disposal problem.