Displaying items by tag: Fonterra

Fonterra is no longer docking farmer milk cheques for minor milk quality downgrades, within the Fat Evaluation Index (FEI) grading system, until further notice.

A diehard dairy co-operative champion and Fonterra shareholder is warning that the co-op could face a takeover bid if its share price continues to plummet.

Farmers are being told to expect tight times ahead as the projected milk price was revised to a new mid-point range of $7 following the Global Dairy Trade (GDT) auction earlier this month.

OPINION: It's interesting to note that Dutch co-operative Arla Foods is paying its farmers billions for reducing their scope three emissions (that's greenhouse gas emissions generated behind the farmgate).

OPINION: Dairy farmers are doing it tough and the latest Global Dairy Trade auction results point to tougher times ahead.

Farmers are being urged to budget on a milk price in the lower half of Fonterra's present guidance range, $6.25 to $7.75/kgMS.

Fonterra may need to provide additional support to cash-strapped farmers if the forecast milk price continues to fall.

Fonterra farmers are cutting costs on farm and expect similar discipline from their co-operative.

Fonterra is getting a clear message from farmer shareholders - don't burden them with new requirements and costs.

A day of bad news for Fonterra farmers is ending on a high note – the co-operative is paying out $800 million today as capital return to shareholders.