Displaying items by tag: Fonterra

Fonterra has revised the forecast for its 2021/22 New Zealand milk collections to 1,500 million kgMS, down from its opening forecast of 1,523 million kgMS.

Dairy farmers will be milking cows for as long as they can to capitalise on a record milk price this season.

OPINION: Your canine crusader understands calls by the Waikato Chamber of Commerce for Fonterra HQ to quit its Auckland office for the dairying heartland has been rebuffed.

South Canterbury farmer Leonie Guiney is ecstatic to be re-appointed for another three year term.

An efficient New Zealand manufacturing base, diversified markets and a global supply chain helped Fonterra stay ahead of the game during the pandemic.

Fonterra chairman Peter McBride was immediately on the phone to Agriculture Minister Damien O'Connor after the result of last week's capital structure vote.

Fonterra shareholders have voted yes to the co-operative’s new capital structure proposal.

Fonterra chairman Peter McBride has acknowledged that despite the co-op’s improved performance, many shareholders feel under enormous pressure.

Fonterra chairman Peter McBride says the co-operative ended the 2021 financial year in a strong position on several fronts – financial results, strategy implementation and relationship with farmer owners.

OPINION: Any organisation's capital structure must align with its strategy. That is the mantra and that is something I support.