Fonterra has announced an opening forecast Farmgate Milk Price range for the 2021/22 season of NZ$7.25 to NZ$8.75 per kgMS (US$5.29 to US$6.38), with a midpoint of NZ$8 per kgMS (US$5.84).
Soon after requesting a trading halt on the ASX and NZX Main Board, Fonterra has revealed it is starting a consultation process to seek farmer feedback on potential options to change its capital structure to give farmers greater financial flexibility.
This week, we have three interviews on the podcast. We have conversations with Shannon Coco, strategic marketing director, food at Kerry North America, and Logan Cisewski, RD&A senior scientist at Kerry; Tim Duret, director of sustainable technology...
Fonterra said it has been working on its transition to renewable energy and said it can, and will, get out of coal, with a couple of practical constraints, although it admitted New Zealand’s Climate Change Commission's pathway to ending coal use...
Fonterra Co-operative Group Limited has announced its 2021 interim results, which show a total group normalized EBIT of NZ$684m (US$494m), normalized profit after tax of NZ$418m (US$302m) and a decision to pay an interim dividend of 5 cents alongside...
New Zealand dairy cooperative Fonterra has released details of how it will pay farmers for producing sustainable, high-quality milk as part of The Co-operative Difference framework.
Sri Lanka’s Minister of Agriculture Mahindananda Aluthgamage said in Parliament this week the government is aiming to make the country self-sufficient in liquid milk, and that this would be achieved within the next four years.
Nestlé, Constellation Brands, Diageo, Keurig Dr Pepper, New Age Beverages and Pernod Ricard were the most acquisitive companies of 2020, according to the Zenith Global food and drink transactions database, with each responsible for five or more takeovers....
This week, we have three interviews. We feature conversations with Jamie Crummie, co-founder of Too Good To Go; Mark Tollman, group strategic sales director at Faerch Group; and Miguel Freitas, PhD, nutrition scientist at Danone.
Fonterra and Royal DSM, a global science-based company active in health, nutrition and sustainable living, are teaming up to work on reducing on-farm greenhouse gas (GHG) emissions in New Zealand.
Fonterra and Nestlé are teaming up with DairyNZ to expand a plantain trial to help improve waterways and reduce on-farm greenhouse gas (GHG) emissions.
Fonterra Co-operative Group Limited has narrowed its 2020/21 forecast Farmgate Milk Price range, reported a solid start to the 2021 financial year and reconfirmed its forecast earnings guidance.
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,...
