Fonterra has announced its 2017 annual results, which show revenue up to NZ$19.2bn (US$14bn), but net profit after tax dropped by NZ$745m (US$542m), an 11% reduction.
The 2020 Olympics, 2019 Rugby World Cup, and the ageing population are contributing to ‘huge demand’ for protein products across Japan's sports nutrition and functional food space.
The European Energy Exchange (EEX) and Global Dairy Trade (GDT) have signed a letter of intent to evaluate the possibility of working together to set up and operate an auction mechanism for dairy products originating in Europe.
New Zealand consumer group Consumer NZ said despite claims light-proofed containers protect the vitamins in milk, its testing showed little difference in nutrient content between major milk brands.
New Zealand’s Fonterra Co-operative Group Limited has announced an increased forecast Farmgate Milk Price for the upcoming 2018 season, to NZ$6.75 (US$5.09) per kilogram of milksolids (kgMS).
Just nine grams of milk protein may be sufficient to stimulate muscle build after resistance exercise, according to researchers from The University of Auckland and Fonterra Co-operative Group Ltd.
On Wednesday, DairyNZ launched its Dairy Action for Climate Change document, which is designed to lay down the foundation to reduce greenhouse gasses on dairy farms.
Fonterra has reopened its milk powder manufacturing plant in Malaysia following a NZ$7m (US$4.8m) investment to boost manufacturing efficiencies and ensure it continues to meet health and safety, and food safety and quality standards.
