Fonterra chief executive Theo Spierings says a good net profit and a strong balance sheet are crucial for the co-op’s future.

Fonterra farmers who borrowed money from the co-op during the last two seasons will soon learn how much interest will be charged from June 1.

Cash flows on dairy farms will be stronger this winter and spring, says Fonterra chairman John Wilson.

Butter is best when it’s made at Fonterra’s Clandeboye plant in the South Island.

Dairy prices stabilised in last night’s Global Dairy Trade (GDT) auction, rising 1.7% following a 9% fall over the previous two auctions.

Fonterra is sticking with its forecast farm gate milk price of $6/kgMS.

Casey Blatch, group financial controller for Canterbury milk processor Synlait Milk is the Young Financial Manager of the Year.

For the third year running, Kapiti Kahurangi Blue cheese has been awarded the New World Champion Favourite Cheese Award.

Fonterra’s trade stand at the world’s largest food show won a top innovation award.

Tractor makers routinely submit tractors for testing and review, but its much less common for machinery.

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