Strong Interim Results See Fonterra Boost Farmgate Milk Price to $9.70/kgMS
Fonterra says its interim results show continued momentum in its performance, with revenue of $13.9 billion in the first half of the 2026 financial year.
OPINION: This old mutt reckons that Fonterra must be learning its PR tricks from the Government.
Since time immemorial, governments who want to bury bad news, release it late on the eve of a holiday or long weekend.
So, accordingly, Fonterra announced that it had finally sold its disastrous investment in its China Farms with a media release sent out at 4.26pm on Easter Thursday eve - when most news organisations around the country had already broken up for the Easter Weekend.
And the spinning didn't stop there.
Despite everyone knowing the dairy co-op's 'investment' in its Chinese farms have been a complete financial and practical cluster, chief executive Miles Hurrell uttered this bull manure: "Fonterra has contributed to the development of the Chinese dairy industry by establishing these farms and we're pleased to now hand ownership over to Youran for the next phase of development".
Halter has unveiled plans for a large-scale expansion of its virtual fencing and animal management system, following a major fundraising round.
“Pack your thinking caps. You need more than just farming knowledge for this one.”
Cyber attacks on New Zealand businesses are down.
The man who organised a 57,000 signature petition to ban the export of live animals by sea from NZ says he's delighted that the Government has abandoned plans to reinstate the trade.
Central Hawke's Bay Mayor Will Foley says McCains plans to close its Hastings vegetable processing factory is a "tough pill to swallow" for the Hawke's Bay region.
New Zealand's largest medicinal cannabis operation is looking for contract growers to help meet surging international demand.

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