Fonterra Co-operative Group Limited has announced its third-quarter business update, narrowed the range for its 2019/2020 forecast Farmgate Milk Price, and announced an opening forecast Farmgate Milk Price range for the 2020/2021 season.
New Zealand dairy cooperative Fonterra has announced its FY18 annual results, the plan to improve its business performance and the outlook for FY19, including a review of its investment with Chinese company Beingmate.
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.
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.
New Zealand’s Fonterra Co-operative Group Limited has announced an opening forecast Farmgate Milk Price of NZ$7.00 (US$4.84) per kgMS for the 2018/19 season.
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.
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.
Dairy exporter Fonterra has claimed that its proposed acquisition of New Zealand Dairies’ (NZDL) Studholme processing plant will boost competition for raw milk on the country’s South Island, rather than reduce it.
