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News in brief

Fonterra looks for Anmum success in NZ

Fonterra’s infant nutrition brand Anmum, which is currently available in Asia, can now be purchased by New Zealand families.

Fonterra drops milk price again

Fonterra has reduced its forecast farmgate milk price for the 2015/16 season by 6% from $2.80 (NZ$4.15) per kgMS to $2.63 (NZ$3.90) per kgMS.

Fonterra looks at plant closure

Fonterra is in discussions to close its Kaikoura cheese-making site in New Zealand, with 22 full-time jobs at risk.

New Fonterra plants open

Fonterra has officially opened four new plants in New Zealand across the South Island.

Parmalat completes purchase of Fonterra yogurt and dairy business in Australia

Italian dairy company Parmalat has announced it has completed the acquisition of Fonterra’s yogurt and dairy dessert business.

Fonterra introduces longer lasting Anchor milk

Anchor Finely Filtered Milk, with a new microfiltration technology to extend shelf life by 40%, has been introduced in the Australian state of Victoria.

Breastfeeding exclusively may not be best strategy for bone health: Study

Breastfeeding exclusively may not be the best strategy for bone health, results from the 5000-strong Generation R study have suggested. 

Fonterra constructing Sri Lanka training farm

Fonterra Brands Sri Lanka has announced the construction of its first demonstration and training farm in Sri Lanka.

Higher omega-3 content in fresh cow's milk reduces asthma risk, study finds

Fresh, unprocessed cow’s milk has a higher content of omega-3 fatty acids than pasteurised, homogenised or low-fat milk, say German researchers. 

News in brief

Synlait latest to drop milk price

Synlait Milk is the latest company to revise its forecast milk price for the 2015/2016 season, following similar news from Fonterra, Westland Milk and Open Country.

Fonterra cuts forecast milk price

Fonterra Co-operative Group Limited has reduced its forecast Farmgate Milk Price for the 2015/16 season from $2.97 (NZ$4.60) per kgMS to $2.68 (NZ$4.15) per kgMS.

Fonterra to develop functional products through new partnership with China’s By-Health

China’s By-Health has signed a strategic cooperative partnership agreement with Fonterra, according to a statement on CNINFO, China’s stock market information website.

Fonterra breaks its export volumes record

Fonterra Co-operative Group Limited announced it exported record volumes for the month of December 2015.

Sheep milk industry can earn billions for New Zealand

A multi-billion dollar industry in sheep milk is available to New Zealand farmers, if they can be convinced of the opportunity, and if they work together.

Dairy ingredient market to reach nearly $60bn by 2020

Dairy ingredients, including milk powder, whey, lactose and casein, are slated to reach $59.8bn by 2020 with yearly growth of approximately 5.6%, according to a recent report. 

Adulteration screening project inspired Milk Fingerprinting development: Fonterra

Fonterra's work with FOSS and Arla Foods on a method to screen for adulterants served as a foundation for the development of its award-winning Milk Fingerprinting technology. 

Fonterra to sell 50% stake in DairiConcepts to US partner Dairy Farmers of America

Fonterra is to sell its 50% stake in DairiConcepts, its joint venture with Dairy Farmers of America (DFA), to the US dairy giant.

Average GDT dairy commodity price down for third auction running

Dairy commodity prices fell 7.9% at the latest Global Dairy Trade (GDT) auction - the third decrease in average prices on the platform in a row.

Fonterra increases 2015/16 farmer payout forecast after performance boost

Fonterra has increased its payout forecast for the 2015/16 season on the back of a strong August to October performance.

Beingmate to form JV with Korean dairy to produce special infant formula for China

Beingmate has joined forces with South Korean company Maeil Dairies to produce special medical purpose infant formula for the Chinese market. 

Anchor has 'place to play' in mature and emerging markets: Fonterra

The Anchor dairy brand has a “place to play” in mature as well as emerging markets, says New Zealand dairy Fonterra. 

Fonterra wins innovation award for Milk Fingerprinting development

New Zealand dairy giant Fonterra has been recognized for the development of its Milk Fingerprinting technology. 

Global Dairy Trade average price falls for first time since early August

The Global Dairy Trade (GDT) Price Index declined by 3.1% today - the first fall in the average price on the platform since the beginning of August.

Gulfood Manufacturing 2015, Dubai

PepsiCo, Mars, Mondelēz and Fonterra throw spotlight on Middle East

PepsiCo, Mars, Mondelēz and Fonterra will focus their efforts on the Middle East at Gulfood Manufacturing in Dubai next week (October 27-29) with two conferences entitled Next Generation Manufacturing and...

Standard & Poor's reduces Fonterra credit rating over debt concerns

Standard & Poor's (S&P) has reduced Fonterra's credit rating - reflecting its concerns about the New Zealand dairy's debt levels.

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