Displaying items by tag: Fonterra

Fonterra's decision last week to retain its wide forecast milk price range is sensible, says Westpac senior agri economist Nathan Penny.

Fonterra is pegging its future to New Zealand milk in a new long-term strategy unveiled last week.

Fonterra could lose up to one-fifth of its milk supply unless it adopts a new capital structure.

Australian dairy farmers supplying milk to Fonterra could become part-owners of the co-operative’s business across the Tasman.

Fonterra’s board has presented a revised capital structure proposal, containing key changes sought by farmer shareholders.

Fonterra says its business reset is complete and it’s now moving into a new phase of value growth.

Fonterra has retained its 2021-22 forecast farmgate milk price range of $7.25 - $8.75/kgMS, with a midpoint of $8.

Farmgate milk price forecasts continue to fluctuate despite a rise in the last Global Dairy Trade (GDT) auction.

Nominations are open for Fonterra's board election but a repeat of the drama that rocked the vote three years ago can be ruled out.

Fonterra, the biggest exporter of milk powder to Sri Lanka, may have a new battle on its hands.