Displaying items by tag: Fonterra

Fonterra has slashed another 50c off its milk price forecast as global milk flows shows no sign of easing.

Fonterra shareholders say they will be keeping an eye on their co-operative's performance after the sale of its consumer businesses.

Fonterra chair Peter McBride says the divestment of Mainland Group is their last significant asset sale and signals the end of structural changes.

The Fonterra divestment capital return should provide “a tailwind to GDP growth” next year, according to a new ANZ NZ report, but it’s not “manna from heaven” for the economy.

Fonterra's Eltham site in Taranaki is stepping up its global impact with an upgrade to its processed cheese production lines, boosting capacity to meet growing international demand.

Canterbury farmer Michelle Pye has been elected to Fonterra’s board for a three-year term.

Fonterra's 2025/26 financial year is off to a strong start, with a first quarter group profit after tax of $278 million- up $15m on the previous year.

For over 20 years, Whakatane farmer Gerard Van Beek has been attending Fonterra annual general meetings with the same message - it's time to include lactose in the co-op's farmgate milk price model.

Retiring Fonterra director Andy Macfarlane believes the co-operative has made good progress over the past decade but adds that there's still a way to go.

OPINION: Dipping global dairy prices have already resulted in Irish farmers facing a price cut from processors.