The news made only a brief appearance on New Zealand’s business pages as Synlait Farms’ proposal to sell a majority stake to China’s Shanghai Pengxin took centre-stage. For once it seems Fonterra has something to thank its foreign-owned rivals for.
-
font size
decrease font size
increase font size
FRENCH INTERNATIONAL dairy giant Danone’s third quarter update said it expects Fonterra’s botulism scare to cost it over $1bn in lost sales and extra costs.
Popular Reads
MPI launches industry-wide project to manage feral deer
An industry-wide project led by Ministry for Primary Industries (MPI) is underway to deal with the rising number of feral…Hawke’s Bay farmers donate livestock to support rescue helicopter
A Hawke's Bay farming family of self-confessed 'frequent flyers' has donated the proceeds from their spring lambs.Waituna Lagoon consent puts farms at risk, Federated Farmers Say
According to Federated Farmers, Environment Southland has mishandled the consent process for Waituna Lagoon, leaving the community with numerous bad…Idea of killing cows to curtail methane emissions 'crazy'
Visiting US climate change expert Dr Will Happer says the idea of reducing cow numbers to greatly reduce methane emissions…Featured
Farmers and industry leaders respond to new RMA replacement legislation
One person intimately involved in the new legislation to replace the Resource Management Act (RMA) is the outgoing chief executive of the Ministry for the Environment, James Palmer, who's also worked in local government.
NZ horticulture exports projected to rise to $9.2 billion by 2026
Horticulture New Zealand (HortNZ) says a new report projects strong export growth for New Zealand's horticulture sector highlights the industry's increasing contribution to the national economy.
Fonterra shareholders watch performance after sale
Fonterra shareholders say they will be keeping an eye on their co-operative's performance after the sale of its consumer businesses.
T&G Global apple returns jump 25% on strong 2025 season
T&G Global says its 2025 New Zealand apple season has delivered higher returns for growers, reflecting strong global consumer demand and pricing across its Envy and Jazz apple brands.
NZ food & fibre exports to reach record $62b by 2026
New Zealand's primary sector is set to reach a record $62 billion in food and fibre exports next year.
New industry body aims to unite and rebuild strong wool industry
A new levying body, currently with the working title of NZWool, has been proposed to secure the future of New Zealand's strong wool sector.
National
Competition snares over 33,000 wild goats
The National Wild Goat Hunting Competition has removed 33,418 wild goats over the past three years.
New healthcare model needed to address rates of rural obesity
New Zealand needs a new healthcare model to address rising rates of obesity in rural communities, with the current system…Storm-damaged trees still causing havoc in Southland
Southland farmers are being urged to put safety first, following a spike in tip offs about risky handling of wind-damaged…Open Country opens butter plant
When American retail giant Cosco came to audit Open Country Dairy’s new butter plant at the Waharoa site and give…Revamped Fonterra to be ‘more capital-efficient’
Fonterra chair Peter McBride says the divestment of Mainland Group is their last significant asset sale and signals the end…Machinery & Products
New Case IH Puma series debuts with improved design & precision tech
Case IH used Agritechnica to reveal its new Puma series tractor, featuring what it claims is an entirely new vehicle…
