Displaying items by tag: Fonterra

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.

NORTHLAND DAIRY farmer and chartered accountant Charmaine O'Shea has been named Dairy Woman of the Year.

FONTERRA CHAIRMAN John Wilson visited Fonterra's new $126 million UHT milk processing site at Waitoa on the weekend.