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Tuesday, January 11, 2022
Fonterra revises milk collection forecast
Fonterra Co-operative Group Limited revised on January 11 the forecast for its 2021/22 New Zealand milk collections to 1,500 million kilogrammes of milk solids (kgMS), down from its opening forecast of 1,525 million kgMS.
Monday, December 20, 2021
Fonterra's Flexible Shareholding structure gets green light from farmers
Fonterra shareholders have this month given the cooperative's new capital structure proposal the green light with 85.16% of the total farmer votes in support of the proposal.
Tuesday, November 9, 2021
Fonterra farmers to vote on cooperative's capital structure proposal
Fonterra has announced on November 9 it will proceed with a shareholder vote on the change to the cooperative's capital structure, which would give farmers greater financial flexibility and better enable Fonterra's strategy.
Tuesday, October 26, 2021
Fonterra increases 2021/22 forecast Farmgate Milk Price
Fonterra Co-operative Group Limited increased and narrowed its forecast Farmgate Milk Price range on October 26 to NZD$7.90- 8.90 (US$5.66-6.38) per kgMS, from NZD$7.25-8.75 (US$5.19-6.27) per kgMS.
Monday, September 27, 2021
Fonterra completes reset, announces annual results and long-term growth plan out to 2030
Fonterra Co-operative Group Limited announced on September 23 a strong set of results for the 2021 financial year, reflected in a final Farmgate Milk Price of $7.54, normalised earnings per share of 34 cents and a final dividend of 15 cents ...
Monday, September 27, 2021
Fonterra's new shareholding structure proposed as best option for farmers
Fonterra's board has presented a revised capital structure proposal that it will discuss with farmers over the coming weeks before deciding whether to proceed to a shareholder vote, the company announced on September 23.
Tuesday, September 21, 2021
Fonterra's sustainability score card shows good progress
Fonterra has recently released its sustainability score card summarising progress towards its people and environmental targets.
Monday, July 19, 2021
Fonterra: Farmer feedback set to shape co-op's revised capital structure proposal
With the first phase of Fonterra's capital structure consultation now complete, the cooperative is drawing up a revised proposal that aims to reflect farmers' views, Fonterra announced on July 19.
Monday, June 28, 2021
Fonterra agrees to sales of Chinese joint venture farms
Fonterra has agreed to the sales of its two joint venture farms in China, with the transaction expected to be completed on June 30.
Tuesday, June 22, 2021
Fonterra: New plantain research a turning point for New Zealand's dairy
A new $22 million research initiative is underway to help New Zealand's dairy farmers improve freshwater quality through using plantain pastures, Fonterra announced on June 16.
Thursday, May 27, 2021
Fonterra sets opening 2021/22 forecast Farmgate Milk Price, updates on business performance
Fonterra announced on May 26 an opening forecast Farmgate Milk Price range for the 2021/22 season of $7.25-8.75 per kgMS, with a midpoint of $8 per kgMS.
Monday, April 5, 2021
Fonterra works to become coal-free
Fonterra has been working on its transition to renewable energy for some time and has an intention to move away coal, with a couple of practical constraints, the dairy cooperative said.
Thursday, April 1, 2021
Fonterra completes sale of two China farms
Fonterra announced today that it has completed the sale of its two wholly-owned China farming hubs in Ying and Yutian in northern China.
Tuesday, March 23, 2021
Fonterra reports positive half year result
Fonterra Co-operative Group Limited has announced on March 17 its 2021 interim results, showing the co-operative has had a positive first half.
Monday, March 8, 2021
Fonterra lifts 2020/21 forecast Farmgate Milk Price range
Fonterra Co-operative Group Limited has lifted its 2020/21 forecast Farmgate Milk Price range on March 5 to NZD$7.30-7.90 (US$5.23-5.66) per kgMS, up from NZD$6.90-7.50 (US$4.94-5.37) per kgMS.
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