The Hound was disappointed but not surprised to see the multi-national, tax-dodging environmental group Greenpeace have another crack at NZers…
Few farmers will be surprised to know that the 2015-16 season was the most challenging year yet for them.
Fonterra has increased its after tax profit by 65% to $834 million for the year ended July 31, 2016.
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.
Fonterra's 'Black Tuesday' announcement last week that the current season forecast payout will be cut to $3.90/kgMS poses a number of questions.
Fonterra says its decision to delay payments to some creditors by up to 90 days is nothing new and suppliers should "align" themselves to it.
The world has changed and we need to understand that, says Mike Petersen, special agricultural trade envoy.
Fonterra and its global peers believe future prices will show that the dairy market is not as imbalanced as the current prices indicate, John Wilson says.
Global dairy prices are unlikely to start rising until later this year, weighed down by European production and global economic uncertainty, says Fonterra chairman John Wilson.