Fonterra Expands China Foodservice Business with New Anchor Essence Cream
Fonterra is strengthening its foodservice presence in China with the launch of a new cream for professional bakeries at Bakery China 2026 in Shanghai.
Greenpeace activists stacked flood-damaged furniture and personal item outside Fonterra's offices today. Photo Credit: Greenpeace
As Fonterra revealed its interim results for 2023 this morning, two Greenpeace activists were arrested in a protest outside the co-operative’s Auckland offices.
The protestors had set up piles of flood-damaged furniture and personal effects outside the co-operative’s offices on Fanshawe St, pasting stickers labelling the company ‘Floodterra’ to its windows along with cardboard floodwater.
Fonterra chief executive Miles Hurrell says the protest caused no disruption at the co-op headoffice.
“People are allowed to express their views at any time,” he says.
The protest comes mere weeks after Cyclone Gabrielle made landfall in New Zealand. At that time, Nick Young, Greenpeace Aotearoa’s head of communications, laid claim that the storm had been caused by the dairy industry.
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Two protestors were arrested outside Fonterra's Auckland offices. Photo Credit: Greenpeace |
The climate activist organisation has long been at odds with the co-operative, and the dairy sector as a whole, arguing for a move away from synthetic nitrogen fertiliser and towards regenerative agriculture.
They say the Government needs to do more to regulate the industry, a move the charity claims would protect New Zealanders from flooding, storms, and cyclones.
“While many communities are carrying the cost of climate driven storms, Fonterra… is reaping the profits,” says Greenpeace Aotearoa climate campaigner Christine Rose.
“Everyone deserves to live in a flourishing environment with a safe and stable climate, but big dairy’s greenhouse gas emissions are putting everything we know and love at risk,” she says.
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Protestors stickered Fonterra's offices with stickers that read 'Floodterra'. Photo Credit: Greenpeace |
In advance of the Budget, Finance Minister Nicola Willis put a clear damper on expectations and delivered accordingly.
Farmers should be cautiously optimistic as the 2026/27 season kicks off, says DairyNZ.
RaboResearch senior analyst Emma Higgins expects the 2026/27 dairy season to be another profitable one.
The new dairy season is kicking off with plenty of risks to the forecast farmgate price, both upside and downside, says ANZ agricultural economist Matt Dilly.
A potential showdown between the top two Federated Farmers leaders looms at the farmer lobby's annual meeting later this month.
FarmIQ Systems has developed a free land management app to help remove barriers to New Zealand farmers and growers adopting digital tools.

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