Fonterra reports slide in auction prices
Prices at the Fonterra globalDairyTrade auction have fallen sharply for the second month running, prompting the dairy to warn farmers of a lower than forecast payout.
Fonterra reports sharp dip in dairy prices
Fonterra has revealed that prices were down sharply at its latest auction, as concerns about supply, which had fueled recent price increases, eased.
Fonterra’s new deal for Australian dairy producers
More money for dairy producers, paid earlier in the season to ease cash flow problems are the aims behind a new incentive payment from Fonterra Australia.
Fonterra prepares for sharp organic dairy growth
Fonterra expects to see the organic side of its dairy ingredients business grow 140 per cent over the next five years.
Danisco and Fonterra broaden scope of probiotics deal
Danisco has signed a deal that will allow the ingredients supplier to sell two probiotic strains developed by Fonterra to a wider food and drink audience.
Fonterra reports price jump and reveals new plant plans
Fonterra has unveiled provisional plans for a major new milk processing plant in New Zealand and reported a surge in dairy prices as production eases.
Fonterra sticks by improved milk price forecast in trading update
Fonterra has claimed that ingredients prices are recovering and market confidence is returning as a group of US senators accuse the New Zealand-based co-op of holding a virtual monopoly of key internationally traded dairy commodities.
Fonterra research has found that a musty flavour defect in beverages containing calcium caseinate is due to tainting by TBP and TBA, which likely to be caused by contamination in transport.
Fonterra reveals expansion plans in China
Fonterra is planning to build two new dairy farms in China as the company struggles to keep up with increasing demand.
Martek signs omega-3,-6 supply deal with Fonterra
Omega-3 specialist Martek has signed an agreement with Fonterra to become its sole source supplier of DHA and ARA for infant formula and milk drinks aimed at young mothers and pregnant women.
Fonterra drops Anchor brand share in UK
Fonterra has sold its remaining 25 per cent stake in UK joint venture Arla Foods Fonterra (AFF) to majority owner Arla Foods.
Fonterra invests in growing Malaysian market
Fonterra has completed a NZ$12m plant expansion in Malaysia as the dairy market in the country grows in sophistication.
Greenpeace accuses Fonterra of contributing to deforestation
Greenpeace has attacked dairy giant Fonterra for using palm-based animal feed from cleared forests and for pushing an intensive farming model in New Zealand.
Fonterra to provide funding to struggling dairy farmers
New Zealand dairy cooperative Fonterra has announced that it will lend NZ$15m to its 50 percent-owned subsidiary RD1 in order to make more interest-free credit available to cash-strapped dairy farmers.
Fonterra restructures its operations unit
New Zealand dairy processor Fonterra has restructured its operations into a single strategic business unit and restructured its top management team.
Fonterra launches Obama dairy deal criticism
New US initiatives to support milk export producers in the country against rival subsidised production has come under fierce attack from rivals in New Zealand, which accuse the country of acting in ‘un-American’ manner.
Fonterra divests in Oz and India
Fonterra has this week confirmed that it is divesting a number of its operations in Australia and India as it focuses on what it calls core strategic objectives.
Fonterra drops anchor deal in Egypt
Fonterra has reached an agreement with a leading Egypt-based dairy supplier for licensed production of its Anchor range of goods in the country.
Fonterra optimistic over milk price rises
Fonterra says it has recorded a second consecutive monthly rise in the prices being paid to its member farmers for their milk, reflecting possible stabilisation in the supply chain.
Fonterra supports safety of probiotic ingredients
The probiotic strains Lactobacillus rhamnosus HN001 and Bifidobacterium animalis subsp. lactis HN019 are safe and well-tolerated, according to a new study from New Zealand.
Dairy price won’t settle soon, says Fonterra
Volatile dairy prices are likely to continue in the mid term at least, New Zealand Fonterra has warned, signaling a need for on-going margin vigilance for food makers using dairy derivatives.
Fonterra cleared over Bangladesh melamine fears
New Zealand-based dairy group Fonterra says that a branded milk powder marketed in Bangladesh has been cleared for sale in the country after impendent testing found the product free from the industrial chemical melamine.
Arla, Fonterra sticking to scandal hit Chinese dairies
Two of the world’s leading suppliers and manufacturers of dairy goods have moved to play up their commitments in China as the legacy of the ongoing melamine scandal continues to impact on their operations.
News briefs: Fonterra in China and Friesland Foods
This week, Fonterra announces support for a Chinese charity to protect infants and mothers in rural areas and Friesland says it will not budge on its provisional 2007 milk price.
News briefs: Fonterra, Saputo and ice cream voting
This week, Fonterra spies an end to rising commodity prices; Saputo reviews its operations following a fire in its US operations and ice cream gets political.
News briefs: Fonterra, First Milk and Emmi
This week, Fonterra commits to its troubled Chinese operations, and Europe-based groups First Milk and Emmi reveal their latest financial performances.
Fonterra blames slow Chinese rules for contaminated milk delay
New Zealand dairy group Fonterra is facing criticism over lethal contaminated milk powder supplied through its Chinese joint venture, but says action was delayed as it had to go through the correct procedures in China.
Fonterra concentrates on Asian calcium market
New Zealand dairy and dairy ingredients giant, Fonterra, has launched its high-calcium dairy drink, Anlene Concentrate in Malaysia, after an encouraging year on the market in Thailand.
Fonterra eyeing further global growth
After a busy period of expansion for Fonterra, the New
Zealand-based dairy cooperative says it remains far from finished
with its global consolidation plans as it looks to key markets such
as Asia to target growth.
News briefs: Campina, Fonterra and Emmi
This week, Campina invests in its German liquid milk operations,
Emmi sells off its stake in cheese group Baer and Fonterra
increases its predicted member payout for the current season.
News briefs: Glanbia, Fonterra speculation
This week, Glanbia says it expects to offset dairy cost pressures
by meeting full year growth, and Fonterra is expected to target
expansion in Australia.
News briefs: Kraft Foods and Fonterra
This week, Kraft posts a slight rise in first quarter sales, while
Fonterra gets Vatican approval to expand its presence in South
Fonterra develops online trading for dairy commodities
Fonterra is launching a new online sales channel for its dairy
commodities which will allow it to respond more quickly to price
changes - and may spur the development of an international dairy
futures or derivatives market.
News briefs: Parmalat, Saputo and Fonterra
This week, Fonterra reveals its milk supply concerns, Saputo posts
profit growth from its North American focus, and Parmalat says it
is meeting its financial expectations for the year.
Briefs: Arla Foods, Fonterra and Parmalat
This week, Arla Foods re-brands its cheeses in a profitability
drive, Fonterra begins to experience the benefits of higher milk
costs and Parmalat responds to an ongoing Italian antitrust
Fonterra chairman defends split proposals
The chairman of New Zealand dairy cooperative Fonterra says its
farmer shareholders are not in danger of losing their controlling
stake of the company should a proposed restructuring and
public offering go ahead.
Fonterra tracks carbon footprint across supply chain
Fonterra, one of the world's largest dairy companies, has become
the latest processor to announce it would measure carbon emissions
across its entire supply chain.
News briefs: Fonterra, Montec and Danone
In this weeks news roundup, Fonterra's health drive is criticised,
Montec boosts yoghurt production and Danone steps up spending in
News briefs: Parmalat, Fonterra and Smucker's
In this week's round up, Fonterra appoints its latest remuneration
committee, Parmalat keeps gunning for Citibank, and Smucker's makes
Fonterra pares energy bill by 5 per cent
New Zealand-based Fonterra claims to have made further steps
towards improved sustainability for dairy production by cutting
another 5 per cent off its energy bill.
Fonterra frets at competitor supply increase
Leading dairy group Fonterra has hit out at new government
legislation in its native New Zealand that will force it to supply
local rivals with more milk over the next two years.
Go green and profit, says Fonterra
Fonterra, New Zealand's largest food group has pledged to step up
its commitment to tackling climate change amidst new findings from
the country suggesting businesses could profit from greater
Fonterra innovation takes colostrum into functional beverages
Fonterra has developed a technique that allows colostrum to be
added to ready-to-drink beverages with a longer shelf-life, opening
up opportunities for new kinds of products and building sales of
the ingredient in Asia.
Egypt opens door to Fonterra dairy
Egypt has lowered tariffs for dairy imports from New Zealand,
providing stiffer competition for Europe's dairy firms in the key
Middle East region.
Strong commodities market aids Fonterra
Fonterra, New Zealand's largest dairy co-operative, predicted world
commodity prices would continue rebounding strongly over the next
few months as supply and demand tightened.
Fonterra appoints European dairy distributor
Univar food ingredient brand Fiske has been appointed the European
distributor for international dairy giant Fonterra.
Fonterra salt replacer eases pressure on food firms
Manufacturers will have another opportunity to reduce salt in their
products thanks to a new dairy-based ingredient from New Zealand
co-op Fonterra, which claims to replace salt and maintain flavour.
Food miles issue no worry to Fonterra
Food miles, the trendy catchphrase alluding to pollution caused by
food exports, is 'a red herring' that detracts from serious
environmental issues to be faced by food producers, says Fonterra's
trade strategy manager,...
Fonterra develops new milk powder quality test
Fonterra researchers have developed a flow cytometry test that can
be used to assess the quality of milk powder.
Fonterra uncovers secret to long life yoghurt
A new manufacturing process has the potential to extend the shelf
life of yoghurts while preserving live and active cultures.