Displaying items by tag: Fonterra

Prices for milk fat are soaring and you can thank consumers worldwide for it.

Fonterra's revenue of $13.9 billion for the first nine months of 2016-17 is up 8% on the same period last year as a result of higher milk prices.

Fonterra's forecast cash payout for this season will put another $3.5 billion into rural economies, says Fonterra chairman John Wilson.

Synlait has appointed Antony Moess as its new general manager manufacturing. He will start in his new role mid-July.

2017 Fonterra Dairy Woman of the Year Jessie Chan-Dorman says her involvement in many organisations is about giving back.

Fonterra is facing a backlash in Australia over its decision not to repay money clawed back from farmer suppliers this season.

Fonterra has announced an opening forecast of $6.50/kgMS for the 2017-18 season which starts June 1.

The revenue range/kgMS of New Zealand’s dairy companies is remarkably wide – from Tatua’s $18.58 to Fonterra’s commodity return of $5.81 – says a new report on the dairy industry.

After five consecutive increases in Global Dairy Price (GDT) auctions, a $7/kgMS opening forecast for the new 2017-18 season is feasible.

DairyNZ chairman Michael Spaans says after three “very tough” years, things are looking better for farmers.