Displaying items by tag: Fonterra

A DUTCH DAIRY veteran Henk Bles has been appointed to the newly-created role of managing director international farming ventures for an initial six-month period.

FONTERRA'S FENCEPOST smartphone app is being rolled out to farmer-approved farm consultants and on-farm staff.

FEDERATED FARMERS believes Fonterra's $300,000 fine on charges relating to the 2012 whey protein recall is "proportionate".

PRICES FOR dairy products were down 8.9% in the Global Dairy Trade auction overnight.

FONTERRA FARMERS will be offered two opportunities to lock in the price paid for a percentage of their milk in the 2014/15 season.

Fonterra's half year results means the co-op could be back on track to break the $20 billion revenue barrier, says Federated Farmers Dairy chairman Willy Leferink.

FONTERRA IS "very confident" with its legal position in the Danone case and has budgeted just $11 million, says Lukas Paravicini, chief financial officer.

FONTERRA IS building its first blending and packing plant in Indonesia.

FONTERRA PLANS to spent up to an extra $500 million to increase capacity through its plants, with emerging market demand growing faster than expected, says chief executive Theo Spierings.

A RECORD DEMAND for milk powders saw Fonterra's revenue up 21% - but after tax profit is down 53%, the cooperative has reported in its interim results.