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Big Brands > Fonterra

Fonterra 2014/15 milk price calculation gets final Commerce Commission approval

Fonterra's milk price calculation for the 2014/15 has been given final approval by the New Zealand Commerce Commission. 

Fonterra further reduces GDT dairy commodity offering forecast

Fonterra has further reduced its Global Dairy Trade (GDT) offering forecast in anticipation of a fall in milk production.  

Fonterra maintains milk production forecast but warns of farmer pull back

New Zealand dairy giant Fonterra has maintained its milk production forecast for the 2015/16 season, but has signaled it may decline later.

New Zealand dairy Fonterra opens first Indonesian manufacturing facility

New Zealand dairy giant Fonterra has opened a NZ$37m (US$23.5m) plant in Indonesia - its first manufacturing facility in the South East Asian country.

Fonterra forms Ethiopian JV to launch its first African consumer product

New Zealand dairy giant Fonterra has partnered with Ethiopian manufacturer Faffa Foods to launch its first African consumer product. 

Global Dairy Trade commodity prices climb for second auction running

Dairy commodity prices rose nearly 11% earlier today on the Fonterra-owned Global Dairy Trade (GDT) auction platform.

Fonterra boosts Chinese kids' milk presence with 'ultra-premium' Anchor launch

Fonterra has moved to strengthen its position in China's kids' milk market with the launch of a vitamin-enriched "ultra-premium" product.

Fonterra launches New Zealand yogurt pouch recycling scheme

Fonterra has partnered with recycling firm TerraCycle to launch New Zealand's first recycling programme for yogurt pouches.

Russia lifts 2013 botulism scare ban on imports from Fonterra plants

Russia has partially lifted restrictions on Fonterra dairy imports implemented in the midst of the 2013 whey protein concentrate (WPC) botulism scare.

Global Dairy Trade commodity prices increase after five-month freefall

Prices on the Fonterra-owned Global Dairy Trade (GDT) auction platform rose today for the first time since March.

Fonterra 2014/15 milk price calculation gets NZ Commerce Commission approval

Fonterra's farm gate milk price (FGMP) calculation for the 2014/15 season has been given the New Zealand Commerce Commission's stamp of approval.

Fonterra placed on S&P credit watch following milk price forecast cut

Fonterra has been placed on negative credit watch by ratings agency Standard and Poor's on the same day it announced plans to reduce its Global Dairy Trade (GDT) offering.

Milk crisis nationalism is anti-EU, Dutch tell Commission

Calls from the French National Federation of Dairy Cooperatives (FNCL) to stop imports of foreign dairy products are contrary to EU single market principles, Dutch groups have complained to the...

Fonterra slashes milk price forecast to account for supply demand 'imbalance'

Fonterra has slashed its farm gate milk price (FGMP) forecast for the 2015/16 to account for the current "imbalance" in supply and demand.

Fonterra dismisses calls to suspend GDT after tenth consecutive price fall

Fonterra has dismissed calls for the Global Dairy Trade (GDT) online auction platform to be suspended after a tenth consecutive fall in prices.

Fonterra fined NZ$192,000 for Eltham buttermilk dump stench

Fonterra has been fined NZ$192,000 (US$127,000, €115,000) by a court in New Zealand for its part in what has been dubbed the Eltham buttermilk stink. 

Dairy Top 20 - Nestlé's reign continues, Lactalis unseats Danone, and Yili holds strong

Nestlé took the top spot and Lactalis unseated its French rival Danone to take second place in the Rabobank Global Dairy Top 20. Can you guess how the likes of...

Fonterra slashes workforce by more than 500 'to remain strongly competitive'

Fonterra, the world's largest dairy exporter, is reducing its workforce by more than 500 in the face of falling milk prices.

New Zealand raw milk competition 'at risk' from Fonterra dominance: Westland

Competition for farm gate milk in New Zealand is "at risk" from Fonterra's market dominance, says Westland Milk Products.

Neighbouring Fonterra and A-ware plants get the royal treatment at opening

King Willem-Alexander of the Netherlands was on hand to officially open Fonterra's first wholly-owned and operated European ingredients plant. 

Going public with 1080 infant formula threat initially considered 'undesirable'

The New Zealand Government initially considered it "undesirable" for details of the sodium monofluoroacetate (1080) infant formula contamination threat to be made public.

Fonterra further reduces FGMP forecast for 'tough' 2014/15 season

Fonterra has cut its farm gate milk price (FGMP) forecast for the 2014/15 season to NZ$4.40 - the fifth such reduction since its May 2014 opener of NZ$7.00.

Fonterra's impact on New Zealand dairy industry competition to be investigated

The New Zealand Commerce Commission is to investigate Fonterra's impact on competition in the country's dairy sector.

News in brief

Fonterra doubles grated mozzarella cheese production with plant expansion

Fonterra has completed construction of a new plant at is Clandeboye site - an investment that doubles its production of individual quick frozen (IQF) grated mozzarella. 

Anchor launch puts organic milk 'in reach of more New Zealanders': Fonterra

Fonterra hopes to put organic milk "in reach of more New Zealanders" with the nationwide launch of Anchor Organic.

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