Displaying items by tag: Fonterra
No pay, but sharemilkers battle on regardless
Who would work for three months without pay? And who would keep getting up at 5am every day to milk cows despite knowing there will be no milk cheque arriving this month?
First milk through plant
Change rules on raw milk supply, collection – Fonterra
Fonterra wants changes to regulations which force it to supply large processors with raw milk and which requires it to accept all milk from new suppliers.
Fonterra to push sales option, product variety
Fonterra is being “commercially rational” by reducing the volumes sold on the Global Dairy Trade (GDT) auction, says Fonterra managing director global ingredients, Kelvin Wickham.
Less milk ‘wakes up market’
Key signs of lowering production were enough to “wake the market up” out of its downward spiral at last week’s GlobalDairyTrade auction, says ASB rural economist Nathan Penny.
Fonterra’s refresh should start at board level
Fonterra's commitment to volume, value and velocity (growing volume and value with speed – also called Strategy Refresh) has been firm and appears frequently on the corporate website.
Fonterra navel gazes
No plans to suspend GDT
Fonterra is brushing off calls to suspend its online dairy auction as a means of arresting the decline in milk powder prices.
Balance sheet still strong – Spierings
Fonterra chairman John Wilson says from a Fonterra governance perspective and the way the cooperative manages its business, its balance sheet is strong.
Out of control
Fonterra is losing control – control of correctly predicting the mood among commodity buyers and correctly predicting how dairy prices will fare.