Displaying items by tag: Fonterra

Fonterra chief executive Theo Spierings says the long term fundamentals for global dairy remain positive.

Fonterra sees a number of positive aspects in a dairy industry discussion document released over the weekend.

Fonterra would no longer be required tosell milk at a regulated price to large, export-focused processors, under options put forward in a discussion document.

DairyNZ is committed to supporting dairy farmers following the announcement by Fonterra of an opening forecast farmgate milk price of $4.25/kgMS for the 2016-17 season.

Fonterra has announced an opening forecast farmgate milk price of $4.25/kgMS for the 2016/17 season, an increase of 35 cents on the forecast for the current season.

Fonterra shareholders are between a rock and a hard place. The dilemma is in governance and neither of the current possibilities appears to be without concerns.

Several Olympic athletes were at Fonterra's Auckland head office this morning, promoting eating a healthy breakfast and the benefits of including dairy in that.

The pain New Zealand dairy farmers have endured for two years is now being shared round the world.

Fonterra chairman John Wilson is confident of securing 75% support among farmer shareholders for a reduced 11-member board.

Fonterra has confirmed it will pay part of its forecast final dividend earlier, to support farmers during a time of extremely tight on-farm cash flows.