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Third-time lucky for solo Fonterra operation in India

The first two endeavours might have been abortive, but it seems that Fonterra might finally see success in its third, solo attempt to move into India.

Arla teams up with Fonterra and Foss to develop milk screening method

Arla Foods and Fonterra have teamed up with Danish analytical solutions provider Foss to develop a screening method to determine whether milk has been tampered with for financial gain.

Fonterra welcomes competition-aiding Raw Milk Regulations amendments

Fonterra has welcomed a series of amendments to the New Zealand Raw Milk Regulations that will support domestic dairy product competition and ensure an “entrance pathway” into the farm gate milk market....

News in brief

Fonterra research director voted new IDF president

The International Dairy Federation (IDF) has elected Fonterra research director Dr Jeremy Hill as its new president.

Fonterra working with NZ Customs to solve cocaine mystery

Fonterra is working closely with the New Zealand Customs Service to establish how a “significant quantity” of either cocaine or heroin found its way into a shipping container of Fonterra powdered milk....

News in brief

Fonterra extends osteoporosis awareness partnership

Fonterra has joined forces with the International Osteoporosis Foundation (IOF) for another year to raise awareness about bone health across Asia and the Middle East.

Chinese farm agreement will complete dairy ‘hub’ - Fonterra

Fonterra has signed an investment agreement with Chinese authorities to develop two more large-scale dairy farms – the latest step in the firm’s strategy to build a sustainable fresh local...

Fonterra to close Australia plant following efficiency review

Fonterra has announced plans to close its Cororooke, Australia manufacturing plant following a review of its manufacturing operations in the country’s Victoria region.

FSANZ approves Fonterra hydrogen peroxide processing aid application

Food Standards Australia New Zealand (FSANZ) has approved an application from dairy giant Fonterra to use hydrogen peroxide as a processing aid to control lactic acid-producing micro-organisms during the manufacture...

Fonterra posts profits drop, cites global dairy price fall

Fonterra has reported a drop in net profit for the 2012 season and cut its final payout to farmers - citing the negative effect of record breaking milk production on...

Fonterra cleared to acquire NZDL processing assets

Dairy exporter Fonterra has been cleared to acquire the processing assets of New Zealand Dairies Limited’s (NZDL) by the New Zealand Commerce Commission.

News in brief

Fonterra revises milk price forecast for 2012/13 season

Fonterra has announced a revised payout forecast range for the 2012/13 season, including a lower farm gate milk price (FGMP) of $5.25 per kilogram of milk solids – down from $5.50.

Fonterra reports record export figures

Fonterra, the world’s biggest exporter of dairy products, achieved a record export in the final three months of the 2011/12 season.

2012 DAIRY HIGHLIGHTS TO DATE

Chobani continued to dominate the US yogurt market, Danone issued a profit warning, Arla strengthened its position in the UK, Fonterra dropped down the world dairy rankings....

Chobani continued to dominate the US yogurt market, Danone issued a profit warning, Arla furthered its position in the UK and Fonterra dropped down the world dairy rankings....

Fonterra firm against removing permeate

New Zealand’s largest dairy cooperative is refusing to join milk producers and marquee retailers that are removing permeate from their milk brands.

News in brief

Fonterra gets tanked up: Firm invests $45m in new tankers

Fonterra is spending $45m to upgrade and expand its milk tanker fleet in New Zealand, the cooperative has revealed.

Phantom bidder calls for investigation into proposed Fonterra acquisition

The New Zealand Commerce Commission has been urged to investigate the proposed sale of New Zealand Dairies Limited’s (NZDL) processing assets to Fonterra, after an unsuccessful bidder claimed to have...

News in brief

Fonterra board member tends resignation

Fonterra board member Colin Armer has tended his resignation – the second announcement of its kind from the New Zealand-based dairy exporter in as many weeks.

Fonterra welcomes NZ Dairy Industry Restructuring Act amendment

New Zealand's parliament has voted in favour of an amendment to the Dairy Industry Restructuring Act (DIRA) – effectively giving Fonterra’s Trading Among Farmers (TAF) scheme the go-ahead

Fonterra slides to fourth in world dairy rankings as Lactalis closes in on Danone

Fonterra has slid to fourth in the world dairy rankings, after being pipped to third place by French dairy group Lactalis, Rabobank has reported.

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...

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