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Thursday, February 25, 2021
Fonterra narrows 2021 earnings guidance
Fonterra Co-operative Group Limited announced on February 25 that it has lifted the bottom end of its 2021 forecast earnings guidance and narrowed the range to 25-35 cents per share, from 20-35 cents per share.
Thursday, February 25, 2021
Fonterra details how farmers will be paid for sustainable milk
Fonterra has released details of how it will pay its farmers for producing sustainable, high quality milk as part of its Co-operative Difference framework.
Wednesday, February 3, 2021
Fonterra lifts 2020/21 forecast Farmgate Milk Price range
On February 3, Fonterra Co-operative Group Limited lifted its 2020/21 forecast Farmgate Milk Price range to NZ$6.90-7.50 (US$4.98-5.42) per kgMS, up from NZ$6.70-7.30 (US$4.84-5.27) per kgMS.
Friday, January 29, 2021
Fonterra partners with DSM to lower carbon footprint
Fonterra and Royal DSM are teaming up to work on reducing on-farm greenhouse gas (GHG) emissions in New Zealand, Fonterra announced on January 29.
Monday, December 14, 2020
Fonterra, Nestlé and DairyNZ join forces to tackle nitrogen leaching
Fonterra and Nestlé are teaming up with DairyNZ to expand a promising plantain trial to help improve waterways and reduce on-farm greenhouse gas (GHG) emissions, Fonterra announced on December 14.
Tuesday, December 8, 2020
Fonterra provides update on forecast Farmgate Milk Price range, first quarter performance
Fonterra Co-operative Group Limited has narrowed its 2020/21 forecast Farmgate Milk Price range this month, reported a solid start to the 2021 financial year and reconfirmed its forecast earnings guidance.
Tuesday, November 3, 2020
Fonterra's latest Sustainability Report shows most encouraging progress to date
Fonterra has achieved its most encouraging sustainability results since starting its annual reporting four years ago, but the dairy cooperative is staying focused on what still needs to be done to reach its long-term targets.
Monday, November 2, 2020
Fonterra to work with Land O'Lakes to expand US food service business
To open more doors for its US food service business, Fonterra has entered a sales and marketing agreement with Land O'Lakes, Inc., one of the United States' leading dairy co-operatives.
Monday, October 19, 2020
Fonterra increases its farmgate milk price due to higher demand from China
New Zealand-based Fonterra Co-operative Group Ltd increased the price range it will pay farmers for milk due to higher demand from its most important market China, Reuters reported.
Monday, October 12, 2020
Fonterra takes another step towards New Zealand's low emissions food production
Fonterra farmers now have an additional tool in their sustainability toolbox, the New Zealand-based dairy cooperative said.
Monday, October 5, 2020
New Zealand's Fonterra to sell its dairy farms in China for US$368 million
New Zealand-based Fonterra said it agreed to selling its farms in China for NZD 555 million (~US$367.97 million; NZD 1 = US$0.66) to focus on the New Zealand market and lower its debt, Reuters reported.
Thursday, September 17, 2020
Fonterra's North Island, New Zealand site fires up on pellet power
Fonterra's Te Awamutu, North Island, New Zealand site will be running on wood pellets as it takes the next step in its transition away from coal, the dairy co-op said.
Tuesday, September 15, 2020
Fonterra targets community support where it's needed most
Fonterra is taking a new approach to how it provides nutrition to communities, to better reach those most in need across New Zealand, the dairy co-op said.
Monday, August 17, 2020
Fonterra appointsTeh-han Chow as CEO Greater China
Fonterra has appointedTeh-han Chow as chief executive officer, Greater China.
Tuesday, July 28, 2020
Fonterra to expand business in Chinese dairy market, chief executive says
Fonterra has announced plans to expand its business in China's dairy market, according to its chief executive Miles Hurrell who spoke at the sixth China Business Summit in Auckland, New Zealand, this month.
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