Displaying items by tag: Fonterra

Fonterra chief executive Miles Hurrell has been on his first overseas trip in nearly two years.

Fonterra is partnering with a world-renowned biotechnology expert to unlock the benefits of the co-operative's probiotic strains.

Rampant dairy prices may force Fonterra to cap its farm-gate milk price for this season, according to Westpac senior agri economist Nathan Penny.

OPINION: A mate of the Hound's reckons it is amazing how a couple of years sitting on Fonterra's board, earning $175K-plus a year, can quickly turn former rebels into members of the establishment.

Days after Fonterra lifted the forecast milk price mid-point to a record level, farmers have been hit with sharp increases in fertiliser prices.

Fonterra recently reached the milestone of eight years since it started working with the Department of Conservation (DOC) through the Living Water partnership, which helps identify and trial game-changing and scalable solutions that show dairying freshwater can thrive together.

Despite Covid impacting restaurants, Fonterra's food service business has reached a milestone to become a $3 billion annual revenue business.

Fonterra has lifted the mid-point of its forecast milk price for this season by 40c to $8.40/kgMS.

Fonterra's second peak milk in the Covid era has arrived and all parts of the business remain in a high level of preparedness.

Fonterra's plan to return $1 billion to shareholders in three years through the divestments of overseas milk pools is the right move, according to Waikato farmer Andrew McGiven.