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Monday, December 18, 2023
Nestlé partnership sees additional payment offered to Fonterra farmers for current season
One year on from announcing a partnership designed to help reduce on-farm emissions, Fonterra and Nestlé have announced their next step to support farmers in New Zealand with their sustainability actions.
Thursday, November 16, 2023
Fonterra announces climate plans for future
Fonterra has taken a significant step towards achieving its climate ambitions on November 9 with the announcement of an on-farm emissions reduction target and release of a Climate Roadmap and voluntary Climate-related Disclosure report.
Wednesday, November 1, 2023
Fonterra CFO to leave dairy cooperative
Fonterra announced on October 1 that its chief financial officer, Neil Beaumont, is leaving the dairy cooperative.
Wednesday, November 1, 2023
Fonterra and Nestlé complete sale of DPA Brazil
Fonterra Co-operative Group Ltd confirmed on November 1 that the sale of Fonterra and Nestlé's Dairy Partners Americas (DPA) Brazil joint venture to French dairy company Lactalis is complete.
Monday, October 9, 2023
Fonterra revises FY2024 forecast farmgate milk price
Fonterra Co-operative Group Ltd raised on October 9 the 2023/24 season forecast Farmgate Milk Price range to $6.50 - $8.00 per kgMS, with a new midpoint of $7.25 per kgMS, up 50 cents.
Wednesday, October 4, 2023
Fonterra's participation in SIDDC partnership expected to have huge benefits for New Zealand dairy sector
Fonterra has joined the South Island Dairy Demonstration Centre (SIDDC) partnership in New Zealand.
Tuesday, August 8, 2023
Fonterra revises its FY24 forecast farmgate milk price
Fonterra Co-operative Group has reduced its 2023/24 season forecast farmgate milk price range from AUD 7.25 – AUD 8.75 (~US$4.73 – US$5.71; AUD 1 =US$0.65) per kgMS, with a midpoint of AUD 8.00 (~US$5.22) per kgMS, to AUD 6.25 & ...
Tuesday, July 4, 2023
Fonterra to expand premium dairy segment in China
New Zealand-based Fonterra Group has announced plans to expand its presence in China by entering premium categories to meet the demands of health-conscious consumers, China Daily reported.
Monday, June 12, 2023
Fonterra launches new nutrition science venture arm
Fonterra announced on June 9 a new corporate ventures arm to incubate, scale and invest in ventures in the area of nutrition science.
Monday, June 5, 2023
Acting Fonterra COO announced
Fonterra announced on June 1 the appointment of Anna Palairet as the dairy cooperative's acting chief operating officer to replace current COO Fraser Whineray who is leaving Fonterra next month.
Thursday, May 25, 2023
Fonterra updates farmgate milk price, brings forward capital return payment date
Fonterra has announced on May 25 an opening 2023/24 season forecast Farmgate Milk Price of $7.25 to $8.75 per kgMS, with a midpoint of $8.00 per kgMS, updated its current season forecast Farmgate Milk Price, increased its full year earnings ...
Friday, April 21, 2023
Fonterra takes further steps to decarbonise and lift efficiency
Fonterra is continuing to progress its decarbonisation work with the announcement of another site transitioning from coal and the installation of a heat pump and solar thermal system.
Tuesday, February 28, 2023
Fonterra's COO to leave co-op
Fonterra announced this month that its chief operating officer Fraser Whineray intends to resign from Fonterra at the end of the cooperative's financial year on July 31.
Tuesday, December 13, 2022
Fonterra and Nestlé agree sale of DPA Brazil joint venture
Fonterra and Nestlé agreed on December 13 the sale of their Dairy Partners Americas (DPA) Brazil joint venture to French dairy company Lactalis for R$700 million (US$131.5 million).
Monday, December 12, 2022
Fonterra upgrades earnings guidance and posts strong first quarter
Fonterra Co-operative Group Ltd upgraded its earnings guidance this month to 50– 70 cents per share from 45-60 cents per share and lowered and narrowed its forecast Farmgate Milk Price range of $8.50-10.00 per kgMS to $8.50-9.50 per k ...
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