A reduction in dairy farmers and a focus on emerging markets are two strategies Fonterra is adopting in a bid to save its struggling organic business.
A report commissioned by Fonterra to investigate the fairness of the dairy giant’s milk pricing has faced criticism from its competitors, according to news reports.
Fonterra is to invest $40m (€35m) in its third Chinese dairy farm as the firm expects demand to treble in the region over the next ten years.
Dairy giant Fonterra aims to pump a further $250m into a new site in New Zealand, an investment that would treble milk processing at the facility.
International dairy prices have taken another tumble at the latest Fonterra auction, dropping to their lowest level so far this year.
New Zealand-based dairy giant Fonterra is now looking at expansion in India after a successful foray in China, including a recent bumper bond listing in Shanghai.
Fonterra may face an uphill struggle in its bid to expand in China despite the promise of significant market growth, according to an Asian food industry analyst.
Fonterra has signaled its intention to invest further in the Chinese dairy market with its first bond issue denominated in Chinese renminbi.
Fonterra has been given a seat on an exclusive world trade advisory group which, the co-operative says, will allow it to aid the “smooth the flow” of New Zealand imports...
Fonterra has cited strong Asian demand as the key reason for its dairy exports reaching a record high last month.
Fonterra is adding the cheddar cheese products, milk protein concentrate and rennet casein, to its globalDairyTrade auction.
Fonterra has revealed that a proposal to merge its Chilean subsidiary, Soprole, with the fresh dairy operations of Nestle Chile has been scrapped.
Dairy giant Fonterra is heading towards its “best year ever”, according to the firm, which reported a strong $293m half-year net profit.
Fonterra has published draft rules, developed with global dairy firms including Arla Foods and FrieslandCampina, to govern the opening up of its online trading platform to outside companies.
Fonterra has revealed that its CEO Andrew Ferrier intends to step down in the second half of the year provided a suitable successor can be found.
Fonterra has raised its forecast payout to farmers for 2010/2011 following big increases in milk prices at its auctions over recent months.
Fonterra has opened up new European headquarters in Amsterdam. Koert Liekelema, general manager for Europe, explains how the move will help the New Zealand dairy grow its value-added ingredients business.
An allergy scare involving the functional food product Whole has prompted Fonterra to advise manufacturers to communicate more prominently the use of dairy ingredients in foods.
Fonterra has completed an NZ$8m investment in its UHT milk processing facilities in Auckland in a bid to meet growing demand in Asia and the Pacific.
New Zealand’s largest exporter of dairy, Fonterra has managed to escape any major damage from the earthquake that hit the country on Saturday.
Prices at the Fonterra globalDairyTrade auction have rebounded after two successive months of decline, suggesting renewed firmness in the market.
Fonterra has insisted that the New Zealand-based dairy is 100 per cent confident in its products as one of its Chinese customers faces an investigation into tainted milk claims.
Prices at the Fonterra globalDairyTrade auction have fallen sharply for the second month running, prompting the dairy to warn farmers of a lower than forecast payout.
Fonterra has revealed that prices were down sharply at its latest auction, as concerns about supply, which had fueled recent price increases, eased.
More money for dairy producers, paid earlier in the season to ease cash flow problems are the aims behind a new incentive payment from Fonterra Australia.