Displaying items by tag: Fonterra

Fonterra's high court injunction gagging a former director and the news media is in its second week and farmer shareholders are still in the dark.

Waikato farmers may switch to A2 milk provided there’s a suitable premium attached to the milk payment, says the region’s Federated Farmers president Andrew McGiven.

Fonterra and Beca have partnered to develop virtual reality health and safety training technology.

Despite news that Fonterra’s partnership with Chinese company Beingmate appears to be going from bad to worse, the co-op is still claiming “confidence” in the investment.

The battle for milk supply in Waikato is heating up with Canterbury processor Synlait entering the region.

Fonterra has slapped an injunction against former director Leonie Guiney, preventing her from sharing confidential information about the co-op with the media.

Fonterra provided nearly 20 million packs of milk free to 145,000 primary school students last year as part of its Milk for Schools scheme, now in its fifth year.

Australian dairy farmers supplying milk to Fonterra say any proposal to them on ownership options must have a sound economic rationale.

Fonterra has scope to lift its payout from current guidance, but its losses on Beingmate will likely weigh on its earnings and dividend payments, says New Zealand brokerage firm OMF Financial.

a2 Milk Co has struck a deal with Fonterra that will enable it, over time, to diversify its milk sourcing, processing and manufacturing to meet growing demand for its products, the company says.