New Zealand’s Fonterra Co-operative Group Limited has revised its 2018/19 forecast Farmgate Milk Price from NZ$7.00 (US$4.66) per kgMS to NZ$6.75 (US$4.49) per kgMS.
Fonterra’s new cream cheese plant has started production and is set to manufacture up to 24,000 metric tonnes of cream cheese annually for the Chinese market.
Fonterra Co-operative Group has announced Miles Hurrell will take over as the New Zealand cooperative’s interim chief executive with immediate effect, and the search for a new CEO will temporarily be halted.
Fonterra Co-operative Group Limited has revised its forecast 2017/18 Farmgate Milk Price, and updated its normalized earnings per share and dividend guidance.
Fonterra has announced a joint venture partnership with one of India’s largest consumer companies, Future Consumer Ltd, to produce a range of consumer and foodservice dairy products for the Indian market.
Dairy price recovery in 2017 has positively affected the combined turnover of the top 20 companies, which, in 2017, was up 7.2% on the year in US dollar terms, according to RaboResearch’s latest report, ‘Global Dairy Top 20 – A Shuffling of the Deck Chairs.’
A just-published Greenpeace investigation alleges that New Zealand dairy giant Fonterra Cooperative Group’s key supplier of palm kernel extract (PKE) has links to a huge expanse of deforestation in Indonesia.
Fonterra Australia and Bellamy’s Organic Pty Limited have strengthened their strategic partnership by signing a long-term supply agreement for the recruitment and supply of organic milk in Tasmania.
New Zealand dairy cooperative Fonterra is adding a new channel to its global foodservice business – Beverage House – to capitalize on what it says is an increased global demand for ‘adventurous’ tea and coffee drinks.
New Zealand dairy giants Fonterra join fellow food industry representative Kellogg as the latest member of an international project looking to address malnutrition in the elderly.
Half a million liters of Pahiatua groundwater (equivalent to about 18 milk tanker loads) will be saved daily due to the development and installation of a reclaimed water system at the local Fonterra site.
New Zealand’s Commerce Commission has released its opinion that Fonterra’s estimate of risk in calculating the cost of financing milk processing operations is too low.
New Zealand cooperative Fonterra, the world’s largest dairy exporter, is expanding its online presence to consumers in Southeast Asia for the first time through a new partnership with Lazada, an online shopping destination in the region.
Fonterra’s ingredients brand NZMP has released new findings into the use of milk fat globule membrane (MFGM) lipids during pregnancy and in the cognitive development of infants.
Fonterra’s Brightwater dairy factory is set to reduce its CO2 emissions by 25% following an industry first move that will significantly reduce the site’s reliance on coal.
NZMP SureStart, the global B2B paediatric ingredients brand of Fonterra, is joining Smarter Lives, a five-year research programme to investigate how nutrition impacts the gut-brain axis.
NZMP, the global dairy ingredients brand of Fonterra, has released a list of the top five global consumer food and beverage trends that it recommends manufacturers address to stay relevant.
New Zealand dairy cooperative Fonterra Co-Operative Group Limited has announced chief executive Theo Spierings is to leave his role later this year; meanwhile, its interim results for the half year ending January 31, 2018, show a net profit after tax...
The Middle East is ripe for mass-market protein products that boost the health and wellness of active consumers, but is not yet at the stage where there is huge demand for high-end sports nutrition products specifically tailored for gym-goers.
Fonterra Ventures has entered into its first strategic partnership, teaming up with German active nutrition start-up foodspring through an investment in its parent company, Goodminton AG.
Fonterra and The a2 Milk Company (a2MC) have formed a strategic partnership, linking Fonterra’s global milk pool and supply chain with a2MC’s manufacturing, marketing, and distribution capabilities.
Fonterra Australia is matching its push to secure additional milk volumes with more than A$165m (US$133m) in capital expenditure in this financial year at key sites in Victoria and Tasmania in a move to increase capacity and meet unique demand opportunities...
Chinese infant formula company Beingmate Baby & Child Food Co Ltd has issued another forecast earnings downgrade for its financial year ending December 31, 2017 – and its partner Fonterra isn’t happy.
International nonprofit GRAIN has revealed that the world’s top 10 dairy companies emitted roughly 231Mt (million tons) of CO2 in 2016, the equivalent of half of France’s total GHG footprint and a quarter of the emissions emitted by Germany.
Women who consumed the probiotic strain Lactobacillus rhamnosus HN001 during and after pregnancy showed fewer symptoms of depression and anxiety in the weeks after their infant’s birth, according to research published in EBioMedicine.
Fonterra’s Foodservice business, Anchor Food Professionals, has become New Zealand’s sixth biggest export business, having generated more than NZ$2bn (US$1.4bn) in annual revenue over the past year.
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.
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.
