Fonterra eyes either sale or IPO of consumer business
Fonterra has updated its plan to divest its global consumer business and integrated businesses, Fonterra Oceania and Fonterra Sri Lanka.
OPINION: The hustle and bustle of one of Bangkok's most popular fast food outlets may feel a world away from a typical Fonterra farmer's operation.
Yet KFCs all over Thailand use milk from New Zealand farms, thanks to a recent custom partnership.
The key ingredient used is a cooking cream, from milk that is powdered, and then shipped to the Netherlands to be processed.
This specialised product, created for KFC but now spreading to other restaurants, makes Portuguese egg tarts - a permanent dessert item on the chicken outlet's menu.
The egg tarts are just one example of Fonterra's somewhat invisible efforts in Thailand to move milk into the country through its food service division.
And KFC is but one of 9000 outlets Fonterra says it services in the kingdom.
Fonterra has updated its plan to divest its global consumer business and integrated businesses, Fonterra Oceania and Fonterra Sri Lanka.
Fonterra has announced new financial incentives for farmers who achieve on-farm emissions targets.
OPINION: The farming sector, or at least some parts of it, are preparing for a battle with the Government over its latest international climate change target.
Underground festival is an event for farmers and growers which celebrates the land through great food and inspiring conversations, says event organiser Fran Bailey.
There's been very little reaction to the government science reform announcement, with many saying the devil will be in the detail.
A committee which carried out the review into New Zealand's science system says the underinvestment will continue to compromise the country's future.
OPINION: Australian dairy is bracing for the retirement of an iconic dairy brand.
OPINION: Another sign that the plant-based dairy fallacy is unravelling and that nothing beats dairy-based products.