Fonterra Whareroa sets cheese record, wins top award
Fonterra Whareroa wrapped up a successful season with a record-breaking cheese production volume and several gongs at the co-op's annual Best Site Cup awards.
Fonterra says the US continues to be an important market for New Zealand dairy and the co-op.
The co-op’s group director global external affairs Simon Tucker says they are working to fully understand and assess the exact implications of new tariffs announced today.
As part of his much touted ‘Liberation Day’ announcement, President Donald Trump announced far-reaching new tariffs on nearly all US trading partners — a 34% tax on imports from China and 20% on the European Union, among others. All New Zealand and Australian imports will now attract a 10% tariff.
Fonterra is a key ingredient supplier to some of the US’ largest ready-to-drink product makers. This includes Premier Nutrition Company, owners of Premier Protein, the number one brand in the US ready-to-drink category. The new tariff means additional costs across the supply chain and ultimately, a higher price for US consumers.
Tucker says Fonterra wants to avoid tariffs in all its markets.
“Obviously, we always want to avoid any increases in tariffs or other trade barriers across all the markets we operate in.
“Tariffs and other trade barriers create additional costs across the supply chain, which are ultimately borne by local consumers.
“Fonterra has a long history of navigating difficult and protected trade environments, and we will continue to do so during the period ahead.”
A brilliant result and great news for growers and regional economies. That's how horticulture sector leaders are describing the news that sector exports for the year ended June 30 will reach $8.4 billion - an increase of 19% on last year and is forecast to hit close to $10 billion in 2029.
Funding is proving crucial for predator control despite a broken model reliant on the goodwill of volunteers.
A major milestone on New Zealand's unique journey to eradicate Mycoplasma bovis could come before the end of this year.
We're working through it, and we'll get to it.
The debate around New Zealand's future in the Paris Agreement is heating up.
A technical lab manager for Apata, Phoebe Scherer, has won the Bay of Plenty 2025 Young Grower regional title.
OPINION: It's official, Fieldays 2025 clocked 110,000 visitors over the four days.
OPINION: The Federated Farmers rural advocacy hub at Fieldays has been touted as a great success.