Displaying items by tag: Fonterra

FONTERRA IS ruling out clawing back money from its farmer suppliers despite some being paid more than the latest revised forecast payout.

WITHOUT DOUBT last week was a bad one for Fonterra and its shareholders. The cooperative, New Zealand’s largest company, was savaged by an independent inquiry into the handling of its infamous WPC80 false botulism scare last year.

FONTERRA HAS launched a campaign to lure more suppliers.

Fonterra farmers understand why the co-op has slashed its forecast milk payout this year, says Shareholders Council chairman Ian Brown.

FONTERRA HAS reduced its 2014-15 forecast payout to $4.70/kgMS.

THE FINAL report from the independent inquiry into Fonterra's false botulism scare has found shortcomings in the co-op's traceability system and crisis management.

FOR THE first time in the cooperative’s history, Fonterra could be forced to clawback payout as dairy markets continue to slide.

FONTERRA SUPPLIERS in Australia were among the highest paid last season, according to an independent report.

FONTERRA'S ICONIC Te Rapa site in Hamilton hosted 5000 people during a community day on Saturday.

FONTERRA CHIEF executive Theo Spierings says more work is needed to improve its traceability credentials.