Displaying items by tag: Fonterra

NZ First should butt out of Fonterra’s business, says Lloyd Downing, a Morrinsville dairy farmer and former Waikato Federated Farmers president.

Despite high fat prices it is now more profitable for Fonterra to make whole milk powder than butter and skim milk powder, co-op chairman John Wilson says.

Fonterra says it has been “fully transparent’ about Beingmate’s performance and its impact on the co-op’s financial position. 

China's digital world is second to none, but Fonterra isn’t putting all its eggs in one basket in selling fresh and packaged food.

Fonterra shareholders could end up losing over $1 billion on the co-op’s controversial investment in Chinese infant formula company Beingmate, says business commentator Rod Oram.

We have not reached peak milk in New Zealand, says Fonterra chairman John Wilson.

Beingmate is very close to appointing a chief executive officer, says Fonterra’s chief executive Theo Spierings.

Fonterra is “very comfortable” with its $7/kgMS farmgate milk price forecast for the 2018-19 season, says chairman John Wilson.

Fonterra chairman John Wilson says the industry should be “incredibly proud” of how far thinking and onfarm practices in sustainability have come in a short time.

Volatility in earnings is the result of prices staying high for milk-price products, says Fonterra chairman John Wilson.