Displaying items by tag: Fonterra

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.

DairyNZ chief executive Dr Tim Mackle says the new Dairy Action for Climate Change combines raising the dairy sector’s awareness of the issue and taking positive steps to mitigate the problem.

Fonterra has withdrawn a few batches of its Anchor blue top milk from lower North Island stores following customer complaints.

Fonterra will pay its Australian suppliers an opening price of A$5.30/kgMS for the 2017-18 season.

Fonterra is pumping another $20 million into its Te Rapa site to produce more export cream cheese and mini-dish butter to meet rising demand.

Modern, science-based farming is the way to achieve a future for New Zealand where dairy farming has a lower environmental footprint, says DairyNZ’s chief executive, Dr Tim Mackle.