All news articles for October 2020

Fonterra said it expects to use the proceeds from the two transactions to pay down debt, as part of its debt reduction program. Pic: Getty Images/Inzyx

Fonterra sells China farms

By Jim Cornall

Fonterra has agreed to sell its China farms for NZ$555m (US$368.9m), after successfully developing the farms alongside local partners.

The FDA and USDA said they remain committed to facilitating the efficient exporting of milk and milk products. Pic: Getty Images/Andrei Stanescu

FDA and USDA sign MOU to facilitate dairy exports

By Jim Cornall

The U.S. Food and Drug Administration (FDA) and the United States Department of Agriculture (USDA) have signed a Memorandum of Understanding to enable the agencies to support the export of US milk and milk products worldwide.

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