Displaying items by tag: Fonterra

New Zealand’s biggest co-op Fonterra has been recognised by its peers, winning the 2017 Co-operative Business of the Year title.

“This most extraordinary story has got me rocking.”

Fonterra is being criticised for its expensive advertising campaign promoting the co-op, the dairy industry and its farmer shareholders.

Fonterra is spending $150 million on two new cream cheese plants to meet growing demand in Asia.

Former Reserve Bank Director Dame Alison Paterson has been appointed chair of the panel tasked with helping Fonterra find and elect qualified directors.

Fonterra has increased the farm gate milk price for its Australian suppliers by A20c/kgMS.

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.