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Processing acquisition will boost raw milk competition, not reduce it – Fonterra

Dairy exporter Fonterra has claimed that its proposed acquisition of New Zealand Dairies’ (NZDL) Studholme processing plant will boost competition for raw milk on the country’s South Island, rather than...

Fonterra ordered to amend ‘misleading’ online dairy nutrition claims

Fonterra has been forced to make changes to its website, after the New Zealand Advertising Standards Authority concluded that the dairy exporter had milked several nutritional claims.

Fonterra outside investor scheme not in the clear yet

New Zealand’s cooperative dairy giant Fonterra has voted in favour of outside investment for the first time but there is clear opposition to the move.

News in brief

Trading Among Farmers scheme is not to raise capital - Fonterra

The purpose of Fonterra’s Trading Among Farmers (TAF) initiative is not to obtain new capital, the New Zealand-based dairy exporter has reiterated.

Fonterra boosts dairy powder power with takeover swoop

Fonterra has signed a conditional agreement to acquire the milk processing assets of South Canterbury-based New Zealand Dairies (NZDL), and said the dairy site would boost its export capacity, where...

Fonterra not breaking proposed farm gate milk pricing rules – NZ competition authority

Dairy giant Fonterra is operating within the rules when it sets the price it pays to farmers for their raw milk, the New Zealand Commerce Commission has confirmed.

Fonterra enter agreement to build Netherlands dairy ingredients plant

Dairy giant Fonterra has entered into a “mutually beneficial” agreement that will see it process dairy ingredients in the Netherlands for the first time.

Shanghai innovation centre will tap into Chinese dairy demands - Fonterra

Dairy giant Fonterra has announced the opening of a new Shanghai-based innovation centre, in its latest effort to tap into Chinese demand for new, innovative dairy products.

Bill is ‘crucial’ to Fonterra – Chairman

Fonterra Chairman, Sir Henry van der Heyden, said a Bill currently in the New Zealand parliament was ‘crucial’ to the industry in his opening remarks to the Primary Production Select...

Fonterra confirms NZ speciality cheese review

Fonterra has confirmed to that it is undertaking a review of its New Zealand speciality cheese business Kapiti, but was unable to reveal whether any specific plants were earmarked...

'Rapid growth' in Indonesia drives new Fonterra plant for quicker response to market needs

Fonterra CEO Theo Spierings says that 'rapid growth' of around 50% forecast for dairy products in Indonesia means that the firm plans to build a new blending and packing plant...

Runaway dairy demand sees Fonterra boost Chinese milk supply

Fonterra has opened its second farm in China and said it plans to build a further three to service massive consumer demand in nearby Beijing and the country at large.

Fonterra outlines ‘three-V’ plan to stay ahead of competitors

Fonterra has identified “volume, value and velocity” as key areas to contend with growing customer demand in the dairy industry.

‘Price battle’ hits Fonterra consumer sales in Australia, NZ

A retail price war in Australia and New Zealand hit Fonterra’s consumer sales hard in the first half of 2012, while the firm said a strategy refresh will see it...

Fonterra unveils first new processing site in 14 years and ‘key megatrends’

Fonterra plans to build a second milk drier costing NZD $300m at its Darfield site, citing higher milk production levels and increased demand from the Middle East, Southeast Asia and...

War whispers and strong NZ dollar lead Fonterra to cut payout forecast

A stronger New Zealand (NZ) dollar, higher levels of global milk production and uncertainties on international markets – including a potential Middle Eastern conflict – has led Fonterra to lower...

Fonterra ‘cross-leverages’ infant nutrition expertise to capture senior nutrition trend

New Zealand dairy processor Fonterra has told that it is working to cross-leverage its scientific expertise in infant health and nutrition – in areas such as probiotics – to...

Fonterra presents probiotic and dairy lipid research in Moscow

New Zealand dairy co-operative Fonterra has presented what it claims is significant research showing that its proprietary probiotic strains reduce childhood disease and childhood allergy rates, while the addition of...

Fonterra butter recall vital to protect brand synonymous with New Zealand dairy, expert

Fonterra’s recall decision concerning 410,000 packs of butter was the right thing to do, and action to this front to protect its brand image was crucial, according to a top...

‘No reports of injury’ says Fonterra after massive butter recall

Fonterra has recalled 410,000 packs of butter after consumer complaints about the presence of ‘fine metal objects’, and has moved quickly to limit fallout from the incident.

'Our competitors will be laughing all the way to the bank': Fonterra savages mooted milk regulation changes

Dairy giant Fonterra has reacted angrily to New Zealand (NZ) government proposals that its member farmers provide more milk to competitors, insisting the move will ‘line foreign pockets’ and ‘handcuff’...

Tumbling dairy prices up in latest Fonterra Global Dairy Trade auction

The majority of internationally traded commodity dairy products traded in the latest Fonterra Global Dairy Trade auction event sold for higher prices, arresting a series of price slides dating back...

Row erupts over Fonterra’s plan to ship NZ school milk

The New Zealand Green Party says that Fonterra’s plan to supply free school milk should be undertaken by the New Zealand government rather than ‘profit-driven companies’.

News in brief

Fonterra admits 'mixed' results on sustainability

The world's largest dairy processor Fonterra claims its 10,500 dairy farmers are delivering results from a sustainability standpoint, but admits that more work needs to be done.

Greenpeace slams Fonterra over alleged ‘climate crime’

NGO Greenpeace New Zealand (GPNZ) has attacked Fonterra’s continued use of controversial palm oil co-product, palm kernel expeller (PKE), as a supplementary dairy farm feed.

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