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.…
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…
Why is Fonterra selling off its dairy brands – and why is Winston Peters angry about it?
What is Fonterra selling? Fonterra, a dairy cooperative owned by about 10,000 farmers, essentially buys raw milk from…
Winston Peters urges farmers to reject Fonterra’s ‘short-term sugar hit’ sale
With 10 days left until the final vote, the NZ First leader hopes to persuade Fonterra’s owners to…
Fonterra hits back after Winston Peters questions $4.2b Mainland sale plan
In an emailed response to the Herald, Fonterra said it had been engaging with farmers on the strategic…
Fonterra posts $1.08b profit, confirms farmgate milk price range
The dairy co-op confirmed its farm gate milk price for the season just past at $10.16 per kg…
Fonterra’s sale of Anchor, Mainland and Kāpiti to a French dairy giant, explained
What’s the big deal, and how locally owned are our dairy aisles anyway? Every day supermarket shoppers stand…
Fonterra boss rejects discounted butter prices for New Zealanders
He sympathised with households feeling the pinch but said price increases were a reflection of supply not being…
What did Nicola Willis’s cost-of-butter meeting with Fonterra actually achieve?
The butter price crisis prompted a high-profile meeting at the Beehive – but global markets, not politicians, are…