Displaying items by tag: Fonterra

The reform of the Dairy Industry Restructuring Act (DIRA) need not be radical but there will be some changes, Agriculture Minister Damien O’Connor has indicated.

Farmers who supply high quality and safe milk to Fonterra will now be recognised by the co-op.

Growth has been debated at the Fonterra board table and the directors’ view now is that the co-op will not see the huge growth of the past, says director Brent Goldsack.

2019 Northland Dairy Manager of the Year Lorraine Ferreira has a unique job.

A preview last week of Fonterra’s new strategy showed how the co-op intends to focus on sustainability on all levels and prioritise the value of milk, rather than the volume, into the future.

Fonterra is signalling a tougher stance on farmers who persistently fail to meet minimum standards of sustainability.

The Fonterra board’s thinking is focused on value rather than volume as it meets regularly to thrash out its new strategy, director Brent Goldsack says.

OPINION: It is hard to imagine what signal Fonterra thinks it is sending to shareholders with its investment in Motif, a company investigating synthetic milk ingredients.

Strong global demand for dairy and constrained milk supply will keep farmgate prices high, say New Zealand’s large milk processors.

Westland says discussions with interested parties centered on a competitive milk price, milk pick-up and a fair value for co-op shares.