Displaying items by tag: Fonterra

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.

Severe damage to the Takaka Hill road from ex-cyclone Gita is forcing Fonterra to barge product by sea from its Takaka factory.

Falling milk production due to weather constraints has forced Fonterra to reduce sales volumes across its entire product range.

Fonterra chairman John Wilson claims the co-op’s overall strategy in China is “working very well”.

Fonterra says it shouldn’t be forced to collect milk from farms with poor environmental credentials.

Provisions to manage Fonterra’s dominant position in New Zealand’s dairy markets will not expire at the end of May.

Fonterra is rolling out its Farm Source farmer advisory initiative in Australia.

Chinese dairy expert Jane Li says Fonterra’s Anmum is struggling to gain a foothold in the country’s lucrative infant formula market.