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.
OPINION: It seems Greenpeace is upping its long-running but ineffective public campaign against Fonterra.
Last week, a group of activists scaled the dryer at Fonterra Te Rapa before unfurling a banner labelling the country’s biggest export earner a climate polluter.
Greenpeace is also suing Fonterra for claiming its Anchor brand butter is 100% New Zealand grass-fed. An online petition to stop Fonterra from using palm kernel expeller is also being run.
Why this sudden burst of activism? Milking It reckons it’s to do with Fonterra announcing a massive $1.1b profit last year and its second-highest milk price forecast on record for its hard-working farmers.
It’s clear Greenpeace cannot bear a successful Fonterra. Definitely, a case of sour grapes!
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.
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DairyNZ has announced the date for its upcoming Milksolids Levy vote.
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