Displaying items by tag: Fonterra

Under DIRA, all dairy companies should be required to disclose how much they pay for milk, says Lloyd Downing, a Morrinsville dairy farmer and former Waikato Federated Farmers president.

The late rise in the farmgate milk price means Fonterra is now paying New Zealand farmers more than most of the world’s farmers are receiving, says chairman John Wilson.

Fonterra executive Leon Clement has been appointed the new chief executive of independent milk processor Synlait.

NZ First should butt out of Fonterra’s business, says Lloyd Downing, a Morrinsville dairy farmer and former Waikato Federated Farmers president.

Despite high fat prices it is now more profitable for Fonterra to make whole milk powder than butter and skim milk powder, co-op chairman John Wilson says.

Fonterra says it has been “fully transparent’ about Beingmate’s performance and its impact on the co-op’s financial position. 

China's digital world is second to none, but Fonterra isn’t putting all its eggs in one basket in selling fresh and packaged food.

Fonterra shareholders could end up losing over $1 billion on the co-op’s controversial investment in Chinese infant formula company Beingmate, says business commentator Rod Oram.

We have not reached peak milk in New Zealand, says Fonterra chairman John Wilson.

Beingmate is very close to appointing a chief executive officer, says Fonterra’s chief executive Theo Spierings.