Monday, 13 June 2016 11:18

Stiff competition in Oz

Written by 

Fonterra is facing strong competition for milk supply in western Victoria.

 

Chief executive Theo Spierings says Warrnambool Cheese and Butter, now owned by Canadian processor Saputo, was providing stiff competition.

A farmer shareholder at Friday's special meeting asked Fonterra to confirm if it was losing milk suppliers in Australia.

Spierings says Fonterra is active in three regions of Australia; Tasmania, eastern, western and northern Victoria.

He says western Victoria is a challenge.
Spierings says Fonterra needs more milk in Australia and will be strongly fighting for more milk.

The co-op's new plant at Stanhope is bigger than the one it replaces and will need more milk.

Spierings noted that Fonterra has lowered its farmgate milk price in Australia and this would lead to some suppliers leaving.

More like this

Fonterra chairman feels the heat

Frustrated Fonterra farmers called for chairman John Monaghan to take responsibility for the co-op’s financial debacle and step down.

Two re-elected to co-op

Re-elected Fonterra directors Andy Macfarlane and Donna Smit are looking forward to another three years on the board.

» The RNG Weather Report

Featured

 

A lesson in political science

The Zero Carbon Bill has just been passed into law, but not without significant misgivings from across the farming sector.

RMA not good enough

New Zealand's natural environment is now much more degraded than when the Resource Management Act was developed in 1991.

Fonterra chairman feels the heat

Frustrated Fonterra farmers called for chairman John Monaghan to take responsibility for the co-op’s financial debacle and step down.

» The RNG Weather Report

» Latest Print Issues Online

Milking It

Angry as usual

The usual culprits are angry at hearing last week that the Government and the agri sector will work together to…

Vladimir the dairy farmer

Russian President Vladimir Putin is a master tactician in taking advantage of international conflicts.

» Connect with Dairy News