Displaying items by tag: Fonterra

A Tasmanian dairy farmer’s milk is going into high-nutrition foods for ageing Japanese, Fonterra reports.

China is likely to remain the largest export market for New Zealand dairy products – but watch out for competition from Australia, a new report warns.

Fonterra has lifted its forecast farmgate milk price for the 2017-18 season by 25c to $6.75/kgMS.

Fonterra Shareholders Council chairman Duncan Coull has been re-elected unopposed for another 12-month term.

Fonterra farmers will vote for three new directors this year.

The dairy industry is ready to tackle environmental concerns, including its contribution to greenhouse gasses, says an independent report.

Fonterra winning the Supreme Award at the 2017 ExportNZ Awards for Auckland and Waikato is recognition that the co-op’s product innovation is meeting customer expectations, says chairman John Wilson.

Many dairy farmers are taking advantage of this season’s better payout to regain some of the equity they lost in their farms during the previous two bad years.

Long-term independent director David Jackson will retire from Fonterra’s board in November.

New Zealand exports of infant formula are expected to reach the billion dollar mark by 2021, the Ministry for Primary Industry says in its latest Situation and Outlook report.