Displaying items by tag: Fonterra

All eye are on Fonterra this week to see if it lifts its $4.70/kgMS forecast after the Global Dairy Trade (GDT) Index price last week surged 10.1%.

The mission of mymilk is to “mix it up” with competitors rather than lose that milk, says Fonterra’s chairman John Wilson.

Dry conditions are also beginning to bite Fonterra’s North Island milk collection, which last month was 110 million kgMS – 1% lower than January last season. 

The Global Dairy Trade will still have “to travel a lot of distance” to sustain Fonterra’s current farmgate milk price of $4.70/kgMS, Fonterra’s chairman John Wilson says.

Fonterra has commissioned its first wholly owned and operated ingredients plant in Europe.

Federated Farmers dairy chairman Andrew Hoggard says as shareholder of Fonterra he’s heard “didley squat” about the US cheese licence saga.

Fonterra is a step closer to buying a cornerstone stake in leading Chinese infant food manufacturer, Beingmate.

Fonterra has launched a new application centre in Guangzhou.

Fonterra Co-operative Group Limited has reduced its milk volume forecast for the 2014-15 season to 1,532 million kgMS, reflecting the impact of dry weather on production in recent weeks.

Fonterra's milk collection in New Zealand for the seven months to December 31 reached 972 million kgMS, 4% higher than the same period last year, the cooperative says.