Fonterra farmers in line for $4.2b windfall on bumper dairy season and Mainland sale
Fonterra chief executive Miles Hurrell said Fonterra had been able to make changes based on recent improvements in…
Fonterra shareholders say ‘oui’ to $3.2b capital return from sale of Mainland to Lactalis
The co-operative is targeting a tax-free capital return of $2.00 per share to shareholders and unit holders, equivalent…
Fonterra bets big on protein after its $4.2b Mainland sale as global demand surges
When it comes to adding protein to food products, dairy protein is often the choice because of its…
NZ Dairy Industry Awards: Entries open for ASB and Fonterra farm ownership prizes
The couple won the 2018 Waikato Share Farmers of the Year and achieved third place at the national…
Fonterra cuts milk price forecast to $9.00/kg midpoint
“With half the season still to complete, we continue to experience strong milk flows both in New Zealand…
NZ sharemarket finishes flat, down 0.1% – Market close
“There was some flow-through buying in the rebalancing of the MSCI indices. Not all of it was done…
Fonterra cuts milk price mid-point forecast to $9.50/kg
At the last sale on November 19, the GDT price index fell by 3% while whole milk powder…
Fonterra milk price outlook under pressure as global supply jumps
“The story is actually bigger than New Zealand,“ Stu Davison, senior manager of global insights at Chicago-based HighGround…
Fonterra phases out A2 milk range, introduces lactose free
The decision to phase out a2 milk was not related to the asset sale. In 2018, Fonterra and…
The sale of Mainland opens the door for Fonterra to shine – Jamie Gray
In addition, Fonterra will have $1b to spend over the next three to four years in projects to…
Fonterra sale: Economists see payout boosting provincial spending
Mike Jones, chief economist at BNZ, said the extra cash flow for farmers would give them options. “I…
Farmers agree to sale of Fonterra’s consumer brands
Fonterra’s farmer shareholders have today voted in favour of selling its consumer businesses to French dairy giant Lactalis.…