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.
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.
Danisco has signed a deal that will allow the ingredients supplier to sell two probiotic strains developed by Fonterra to a wider food and drink audience.
Fonterra has claimed that ingredients prices are recovering and market confidence is returning as a group of US senators accuse the New Zealand-based co-op of holding a virtual monopoly of key internationally traded dairy commodities.
Fonterra research has found that a musty flavour defect in beverages containing calcium caseinate is due to tainting by TBP and TBA, which likely to be caused by contamination in transport.
Omega-3 specialist Martek has signed an agreement with Fonterra to become its sole source supplier of DHA and ARA for infant formula and milk drinks aimed at young mothers and pregnant women.
Greenpeace has attacked dairy giant Fonterra for using palm-based animal feed from cleared forests and for pushing an intensive farming model in New Zealand.
New Zealand dairy cooperative Fonterra has announced that it will lend NZ$15m to its 50 percent-owned subsidiary RD1 in order to make more interest-free credit available to cash-strapped dairy farmers.
New US initiatives to support milk export producers in the country against rival subsidised production has come under fierce attack from rivals in New Zealand, which accuse the country of acting in ‘un-American’ manner.
Fonterra has this week confirmed that it is divesting a number of its operations in Australia and India as it focuses on what it calls core strategic objectives.
Fonterra says it has recorded a second consecutive monthly rise in the prices being paid to its member farmers for their milk, reflecting possible stabilisation in the supply chain.
The probiotic strains Lactobacillus rhamnosus HN001 and Bifidobacterium animalis subsp. lactis HN019 are safe and well-tolerated, according to a new study from New Zealand.
Volatile dairy prices are likely to continue in the mid term at least, New Zealand Fonterra has warned, signaling a need for on-going margin vigilance for food makers using dairy derivatives.
New Zealand-based dairy group Fonterra says that a branded milk powder marketed in Bangladesh has been cleared for sale in the country after impendent testing found the product free from the industrial chemical melamine.
Two of the world’s leading suppliers and manufacturers of dairy goods have moved to play up their commitments in China as the legacy of the ongoing melamine scandal continues to impact on their operations.
This week, Fonterra announces support for a Chinese charity to protect infants and mothers in rural areas and Friesland says it will not budge on its provisional 2007 milk price.
This week, Fonterra spies an end to rising commodity prices; Saputo reviews its operations following a fire in its US operations and ice cream gets political.
This week, Fonterra commits to its troubled Chinese operations, and Europe-based groups First Milk and Emmi reveal their latest financial performances.
New Zealand dairy group Fonterra is facing criticism over lethal contaminated milk powder supplied through its Chinese joint venture, but says action was delayed as it had to go through the correct procedures in China.
New Zealand dairy and dairy ingredients giant, Fonterra, has launched its high-calcium dairy drink, Anlene Concentrate in Malaysia, after an encouraging year on the market in Thailand.
After a busy period of expansion for Fonterra, the New
Zealand-based dairy cooperative says it remains far from finished
with its global consolidation plans as it looks to key markets such
as Asia to target growth.
This week, Campina invests in its German liquid milk operations,
Emmi sells off its stake in cheese group Baer and Fonterra
increases its predicted member payout for the current season.
This week, Glanbia says it expects to offset dairy cost pressures
by meeting full year growth, and Fonterra is expected to target
expansion in Australia.
Fonterra is launching a new online sales channel for its dairy
commodities which will allow it to respond more quickly to price
changes - and may spur the development of an international dairy
futures or derivatives market.
This week, Fonterra reveals its milk supply concerns, Saputo posts
profit growth from its North American focus, and Parmalat says it
is meeting its financial expectations for the year.
This week, Arla Foods re-brands its cheeses in a profitability
drive, Fonterra begins to experience the benefits of higher milk
costs and Parmalat responds to an ongoing Italian antitrust
enquiry.
The chairman of New Zealand dairy cooperative Fonterra says its
farmer shareholders are not in danger of losing their controlling
stake of the company should a proposed restructuring and
public offering go ahead.
Fonterra, one of the world's largest dairy companies, has become
the latest processor to announce it would measure carbon emissions
across its entire supply chain.
In this week's round up, Fonterra appoints its latest remuneration
committee, Parmalat keeps gunning for Citibank, and Smucker's makes
Canadian acquisition.
New Zealand-based Fonterra claims to have made further steps
towards improved sustainability for dairy production by cutting
another 5 per cent off its energy bill.
Leading dairy group Fonterra has hit out at new government
legislation in its native New Zealand that will force it to supply
local rivals with more milk over the next two years.
Fonterra, New Zealand's largest food group has pledged to step up
its commitment to tackling climate change amidst new findings from
the country suggesting businesses could profit from greater
environmental concern.
Fonterra has developed a technique that allows colostrum to be
added to ready-to-drink beverages with a longer shelf-life, opening
up opportunities for new kinds of products and building sales of
the ingredient in Asia.
Fonterra, New Zealand's largest dairy co-operative, predicted world
commodity prices would continue rebounding strongly over the next
few months as supply and demand tightened.
Manufacturers will have another opportunity to reduce salt in their
products thanks to a new dairy-based ingredient from New Zealand
co-op Fonterra, which claims to replace salt and maintain flavour.
Food miles, the trendy catchphrase alluding to pollution caused by
food exports, is 'a red herring' that detracts from serious
environmental issues to be faced by food producers, says Fonterra's
trade strategy manager,...
