Fonterra

Dairy Dialog podcast 107: Tate & Lyle, Kerry, NZMP.  Pics: Tate & Lyle; Getty Images/jchizhe; Getty Images/mel-nik

Dairy Dialog podcast 107: Tate & Lyle, Kerry, NZMP

By Jim Cornall

This week on the Dairy Dialog podcast, we have three interviews alongside our regular look at the global dairy markets, with Liam Fenton at StoneX. Our guests are Kavita Karnik, Tate & Lyle VP of global nutrition and open innovation; Aaron Fanning,...

Fonterra switched its Te Awamutu site to wood pellets, which will reduce coal use by almost 10%. Pic: Fonterra

Fonterra publishes 2020 Sustainability Report

By Jim Cornall

Fonterra said it has achieved its most encouraging sustainability results since starting annual reporting four years ago, but insists it is staying focused on what still needs to be done to reach its long-term targets.

At a price of NZ$6.80, more than NZ$10bn (US$6.6bn) will flow into regional New Zealand. Pic: Getty Images/brians101

Chinese demand boosts Fonterra milk price

By Jim Cornall

Fonterra Co-operative Group Limited has increased the mid-point of its forecast Farmgate Milk Price range to NZ$6.80 (US$4.49) per kgMS, from NZ$6.40 (US$4.22) per kgMS, while retaining its current +/-50c per kgMS range.

Upon receipt of the information, farmers will focus on implementing solutions to help reduce emissions. Pic: Getty Images/brians101

Fonterra farmers receive GHG profiles

By Jim Cornall

Over the last few days, Fonterra farmers have been receiving unique greenhouse gas (GHG) emissions profiles for their farms - the first time such a tool has been introduced in New Zealand at scale. The profiles form part of a farm environmental report...

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.

Fonterra said it has continued to reduce its environmental footprint, including hitting the 2020 target to reduce energy intensity across its New Zealand manufacturing sites by 20%. Pic: Fonterra

Fonterra announces annual results and return to paying dividend

By Jim Cornall

Fonterra Co-operative Group Limited has announced its annual results, final Farmgate Milk Price of NZ$7.14 (US$4.79) per kgMS and a dividend of 5 cents per share for the 2019/20 season, bringing the final cash payout for farmers to NZ$7.19 (US$4.83) per...

Yili has overtaken Danone to become the most valuable dairy brand in the world, as well as claiming second position in the overall Brand Finance Food 50 2020 ranking.

Yili tops Brand Finance list of world’s most valuable dairy brands

By Jim Cornall

The food & drink sector is one of the few sectors that should suffer limited impact as a result of the COVID-19 pandemic, with the world’s top food & drink brands unlikely to lose brand value, according to the latest Brand Finance Food & Drink...

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