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Monday, November 2, 2009
Fonterra applauds Middle East-New Zealand FTA talks (Press Release)
November 2, 2009 Fonterra applauds Middle East-New Zealand FTA talks   Press Release The free trade agreement (FTA) negotiated with the Gulf Co-operation Council (GCC) is good news for Fonterra, New Zealand dairy farming, and the economy, F ...
Friday, October 30, 2009
Fonterra expands in Malaysia (Press Release)
October 30, 2009 Fonterra expands in Malaysia                      Press Release                                New Zealand Prime Minister John Key and Fonterra Chairman Sir Henry van der Heyden have officially opened a new NZ$12 million (U ...
Monday, September 28, 2009
Fonterra opens new milk powder plant
September 28, 2009 Fonterra opens new milk powder plant Dairy giant Fonterra has opened a new milk powder plant at Edendale in New Zealand's Southland. The plant, which costs US$212 million, will be one of the largest in the world and will ...
Tuesday, September 15, 2009
Fonterra allowed to impose margin charge on milk
September 15, 2009 Fonterra allowed to impose margin charge on milk Fonterra Cooperative Group will be able to charge a margin of 10 cents a kilogramme over and above the farm gate price for milk it sells to independent dairy companies. The ...
Friday, August 14, 2009
New Zealand's Fonterra expands its dairy market in China
August 14, 2009 New Zealand's Fonterra expands its dairy market in China                                  Fonterra Co-operative Group Ltd., the largest company in New Zealand, has reaffirmed its confidence in the Chinese market and promises ...
Thursday, August 6, 2009
Fonterra sees positive signs in market price (Press Release)
August 6, 2009 Fonterra sees positive signs in market price   Press Release The August 5 trading event for Fonterra's internet-based sales platform, globalDairyTrade, saw average prices for Whole Milk Powder (WMP) rise 25.8 percent. The tra ...
Monday, July 6, 2009
Fonterra appeals Commerce Commission ruling (Press Release)
July 6, 2009 Fonterra appeals Commerce Commission ruling   Press Release     Fonterra will appeal the Commerce Commission's latest ruling in the dispute between Fonterra, Kaimai Cheese Company and The Grate Kiwi Cheese Company. ''It is not ...
Friday, June 12, 2009
Fonterra, Stonyfield Farm work on sustainability
June 12, 2009 Fonterra, Stonyfield Farm work on sustainability                              New Zealand's Fonterra and Stonyfield Farm in the US are working towards a more sustainable approach through strategies such as reducing packaging w ...
Wednesday, June 10, 2009
Fonterra may appeal against milk supply ruling
June 10, 2009 Fonterra may appeal against milk supply ruling Fonterra may appeal against a regulatory decision that forces it to supply millions of litres of milk to smaller rivals. The Commerce Commission last week ruled that Kaimai Cheese ...
Wednesday, June 3, 2009
Fonterra online sales reflect lower demand amid rising uncertainty (Press Release)
June 3, 2009 Fonterra online sales reflect lower demand amid rising uncertainty   Press Release     The June trading event for Fonterra's internet-based sales platform, globalDairyTrade saw prices down across all contract periods reflecting ...
Wednesday, May 27, 2009
Fonterra cuts milk price forecast; US subsidies to hurt world market
May 27, 2009 Fonterra cuts milk price forecast; US subsidies to hurt world market Fonterra Cooperative Group Ltd., the world's largest dairy exporter, has reduced its milk price forecast by 12 percent, and said the US decision to resume exp ...
Tuesday, May 26, 2009
Fonterra won't cut payout forecast for next season
May 26, 2009 Fonterra won't cut payout forecast for next season Fonterra will not be cutting its payout forecast for next season as a result of the US decision to implement dairy export subsidies. The co-op sees the US move adding uncertain ...
Tuesday, May 19, 2009
Fonterra plans doubling online sales
May 19, 2009 Fonterra plans doubling online sales Fonterra plans to double commodity sales on its internet platform, globalDairyTrade, where it has regular independently-run auctions. Kelvin Wickham, managing director of the globalDairyTrad ...
Wednesday, May 13, 2009
Fonterra milk powder prices rise to six-month high
May 13, 2009 Fonterra milk powder prices rise to six-month high                                Dairy giant Fonterra said near-term whole milk powder prices rose to a six-month high at auction. Milk powder for July delivery rose 1.6 percent ...
Wednesday, April 29, 2009
Fonterra expects 300-percent growth in dairy exports to China
April 29, 2009 Fonterra expects 300-percent growth in dairy exports to China Fonterra forecast its dairy exports to China to treble this year due to last year's melamine scandal. Consumers in China have lost faith in domestic products follo ...
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