Displaying items by tag: Fonterra

The Fonterra Shareholders’ Council, which speaks for Fonterra’s 10,500 farmer-shareholders, has announced it cannot support the Government’s Dairy Industry Restructuring Bill as it is currently written.

Fonterra Cooperative Group's half year results mean it could be on track for revenue of $20 billion.

 A new bill detailing proposals to oversee Fonterra’s farm gate milk price setting and ensure a more transparent and efficient dairy market was tabled in Parliament yesterday by Primary Industries Minister David Carter.

FONTERRA IS helping flood-affected suppliers in NSW and Victoria, offering interest-free advances and on-farm advice.

FONTERRA IS set to triple capacity at its new Darfield, central Canterbury, processing site within a year of it opening.

Northland community leaders gathered at Manaia View School in Whangarei yesterday to celebrate the first day of the Fonterra Milk for Schools programme.

FONTERRA CAN generate cash from within its business to finance growth but needs a stable capital base to do this, says chief executive Theo Spierings. He says TAF (trading among farmers) will ensure a strong capital base for Fonterra.

FONTERRA'S PROPOSED 'shareholders fund' will control up to 8% of Fonterra worth up to $500 million.  The fund is a solution to a hole in Fonterra's balance sheet caused by redemption risk.

Rabobank says strong global supply is weighing on the dairy market, with international dairy commodity prices down across the board.

Fonterra's decision to drop its 2011-12 forecast payout by 15c/kgMS demonstrates the trade exposed nature of our primary industries, says Federated Farmers Dairy chairman Willy Leferink.