Displaying items by tag: Fonterra

Fonterra Shareholders Council says the co-op's 45c drop in the 2015-16 forecast payout is a sobering blow to farmers.

Fonterra has dropped its forecast farmgate milk price for the 2015-16 season by 45c to $4.15/kgMS.

Fonterra's milk collection across New Zealand last month dipped 3% compared to the same month last year.

While Fonterra seems to be putting a brave and optimistic face on the economic headwinds facing the dairy industry, the cooperative's optimism and the bare facts don't seem to align.

Banks have cut their farmgate milk price forecast after another drop in the GDT price index last week, albeit minor at an overall 1.4%.

Fonterra is welcoming the Government's move to lift restrictions on trade with Iran, a key butter partner.

Fonterra's revamp of its struggling Australian business continues with the impending sale of yoghurt and dairy desserts range.

Milk production may be falling but Fonterra's exports are soaring.

Rabbit rissoles with garlic and fennel will be the wild food treat used to lure visitors to the Northland Regional Council's marquee at Kaipara's upcoming Northland Field Days.

Farmers are concerned Fonterra's forecast farmgate payout of $4.60/kgMS may be under threat.