Chinese strategy
OPINION: Fonterra may have sold its dairy farms in China but the appetite for collaboration with the country remains strong.
Scheduled to start processing around this time, we understand the company is already picking up milk from some farmers who have switched their supply over to the newest processor in Waikato.
However, until the plant is online, this milk is currently being processed by another processor.
Olam's entry has intensified competition for milk supply in southern Waikato where Fonterra is battling to hold onto its market share.
