A Year of Delivery for Fonterra
Fonterra’s 2026 financial year was a year of delivery, with record volumes of milk collected, processed and shipped by the co-op.
Kerr told police royalties totalled $100,000 a year on Feratox and the Crown asserts he stood to gain financially if 1080 was banned.
The man who threatened to put 1080 into infant formula has been named as Jeremy Hamish Kerr, 60, of Auckland.
He was creator of a pest-control product and 1080 alternative Feratox. He pleaded guilty in December to two counts of blackmail. Threats were sent to Federated Farmers and Fonterra in November 2014 threatening to poison infant formula if New Zealand did not stop using 1080 by the end of March 2015.
The Crown asserts he was motivated by financial gain, which he denied at a disputed facts hearing started last week in the High Court at Auckland to give the judge greater clarity around his motives. The hearing was the first time his identity was made public.
Kerr claimed he was suffering from poor mental health and "cracked". He said he was triggered by media reports on 1080 and comments by Environment Minister Nick Smith.
Kerr told police royalties totalled $100,000 a year on Feratox and the Crown asserts he stood to gain financially if 1080 was banned. The hearing was adjourned until next month. Kerr could face 14 years behind bars.
Two companies dealing in pest control products, Connovation Ltd and Connovation Research Ltd, issued statements emphasising their companies are not connected to those companies operated by Jeremy Kerr.
Infant Nutrition Council chief executive Jan Carey says it was a highly despicable thing to do.
However, she believes that any smaller infant formula businesses going out of business would be more to do with the Chinese changing to regulations to make it more difficult for contract manufacturing than the 1080 scare.
"The Chinese want supply integrity, they want an integrated system. With the small companies that have gone out of business it is much more likely to be because of the changes in Chinese regulations... than the 1080 threat."
She can't say speak for individual businesses that may have been affected by the 1080 threat, but she does know that brand companies without manufacturing facilities are having trouble surviving.
Fonterra’s 2026 financial year was a year of delivery, with record volumes of milk collected, processed and shipped by the co-op.
OPINION: The Government's decision to reinstate agriculture and horticultural science as a standalone subject from Year 11 is the right one.
Dairy farmers, still holding onto their Fonterra shares despite switching milk supply elsewhere or exiting the industry, now face a stricter share sell-down requirement.
Hamilton-based agritech company Aimer Farming has completed a $3 million capital raise to support its next stage of growth, including a beef farming product due to launch in 2027.
When dairy manager Miriam Lauridsen learned the farm, she was joining held weekly health and safety meetings, she initially thought that was “a bit over the top”. Experiencing that culture changed her mind.
Nominations are open for the 2027 Fonterra Dairy Woman of the Year Award.