Displaying items by tag: Fonterra

Fonterra will pocket $88 million following the sale of its two joint venture farms in China.

Fonterra says its milk collection for the season just ended almost hit 1,540 million kgMS, 1.5% ahead of the previous season.

The changing personal circumstances of consumers, largely driven by Covid-19, is shaping some of the innovation at Fonterra's R&D centre in Palmerston North.

Supply chains throughout the world are under pressure but Fonterra is making its logistics well, says chief operating officer Fraser Whineray.

Fonterra is enjoying solid returns from its China business as the country pushes the benefits of dairy during the Covid pandemic.

Fonterra chairman Peter McBride has a message for the co-operative's farmer shareholders - without offering financial advice he's telling them there's no need to sell their shares right now.

Fonterra's wide forecast milk price range for the new season is realistic, says BNZ senior economist Doug Steel.

OPINION: Your old mate reckons Fonterra and its dairy farmer shareholders may well be all cock-a-hoop about the prospects of a near $8 payout this year and one north of $8 next year.

This season, up to 10 cents of Fonterra suppliers' milk payments will be determined by the farm's sustainability credentials and milk quality.

Fonterra recently announced a forecast milk price range for the coming season of $7.25 to $8.75 per kgMS, with a midpoint of $8.00 per kgMS.