Fonterra FY26 Results: $9.69 Milk Price, $3.4bn Profit
Fonterra has unveiled its annual results for the 2026 financial year, posting $27 billion in revenue and close to $20 billion returned to New Zealand farmer owners and unit holders.
Fonterra has launched its ‘carbonzero’ certified NZMP organic butter to the North American market, the first such ingredient product in its portfolio.
Kelvin Wickham, chief executive Fonterra Africa, Middle East, Europe, North Asia, Americas (AMENA), says that ‘carbonzero’ ingredients, like NZMP organic butter, can help unlock real benefits for customers.
“It helps them to meet their sustainability targets, signal environmental values, and grow brand preference and market share through differentiated products,” he says.
“Fonterra New Zealand dairy farming already has one of the world’s lowest on-farm carbon footprints, approximately one third of the global average, putting NZMP in a strong position to offer sustainability solutions that help customers reduce their environmental impact, while claiming an advantage in the market.”
To become ‘carbonzero’ certified, Fonterra has partnered with an independent company called Toitu Envirocare. This company measures the impact of producing the NZMP organic butter, all the way from farm and manufacturing, through to distribution and even the disposal of packaging by customers.
“Understanding our footprint means we can offset our impact with high quality carbon credits from projects, including native forest regeneration in New Zealand and gold standard renewable energy projects,” says Wickham.
Lara Phillips, senior manager of Fonterra Sustainability Solutions says it is delighted to be to offer NZMP customers a way to contribute to a lower carbon future.
NZMP organic butter ‘carbonzero’ certified is currently available to customers in the US. Over time, to support customer needs and demand, NZMP will look to broaden the portfolio to more product categories and regions.
Federated Farmers says it welcomes Labour's commitment to reviewing the Sharemilking Agreements Act, calling on other major parties to do the same.
For Canterbury dairy farmers Sian Meijer and Rick Wobben, wearable technology has become one of their most valuable on-farm tools - helping manage 1850 cows across an expansive, high-performing dairy operation while improving efficiency, mating outcomes and day-to-day decision making.
Fonterra has unveiled its annual results for the 2026 financial year, posting $27 billion in revenue and close to $20 billion returned to New Zealand farmer owners and unit holders.
The first major update to the Dairy Cattle Code of Welfare in more than a decade has been released, marking what DairyNZ describes as an important step in ensuring animal welfare standards continue to evolve alongside scientific evidence and on-farm realities.
Ravensdown shareholders have elected Jane Montgomery and Kate Acland to the Ravensdown Board for three-year terms, following a closely contested director election.
Federated Farmers says new legislation replacing the Resource Management Act will cut red tape, unlock investment and help grow New Zealand's export-led economy, after the Planning Bill and Natural Environment Bill passed their third reading in Parliament yesterday.