Fonterra's Whareroa Wins Directors Award
Fonterra's Whareroa site took home the prestigious Directors Award at the co-op's 'Oscars of Manufacturing', while Clandeboye led the way with multiple wins at this year's Best Site Cup.
Fonterra has updated its earnings guidance for the 2022 financial year that ended on 31 July 2022, indicating that earnings will be towards the top end of its current guidance of 25 – 35 cents per share.
Chief executive Miles Hurrell says that while the co-operative is still in the processing and auditing its 2022 numbers, there is now enough certainty overall to provide an update ahead of the release of its annual results in September.
“Our Co-op has made good progress against our strategy over the past 12 months, and we look forward to updating our stakeholders when we release our results in September,” Hurrell says.
He says that looking ahead, there is a positive outlook for dairy.
“We continue to see favourable supply and demand dynamics and remain well-positioned to keep delivering against our strategy.”
Fonterra will release its financial results for the year ending 31 July 2022 on Thursday, 22 September 2022.
Today marks the first day of operations for Waikato Waters, a new council-controlled organisation established by six district councils to deliver water and wastewater services for their communities.
The Ministry for Primary Industries (MPI) has announced has opened applications for the 2026/27 funding round of the Greenhouse Gas Inventory Research (GHGIR) fund.
New Zealand’s vegetable sector will take centre stage at Parliament today, celebrating a vital industry and sharing a clear, future focused vision for how it can continue to thrive.
New Zealand red meat exports reached a second consecutive monthly record in May, rising to $1.6 billion, according to the Meat Industry Association.
Patoa Farms Limited, New Zealand's largest pig farm, has been sold for an undisclosed price.
Potatoes New Zealand says it congratulates Amber Davy of Eurogrow on her recent win at the 2026 Canterbury Young Grower of the Year competition.

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