Displaying items by tag: Fonterra

A Southland dairy farmer is questioning Nestle’s offer of a small milk price premium for farmers who meet quality, safety and sustainability targets set by Fonterra.

Global food giant Nestle will provide a small premium to Fonterra farmers who achieve one of the three levels of Fonterra’s The Co-operative Difference framework during the 2023/24 season.

Purchasing about a third of global contracted volume on the GDT auction platform, Fonterra's authorised resellers in China are an important part of the co-operative's ingredients business.

Improved demand from China has helped push the forecast farmgate milk for the season by 25c.

Independent Fonterra director Scott St John is stepping down from the role, citing an increasing workload.

Genetics may be one of the tools Fonterra farmers can tap into to reduce on farm emissions, according to LIC.

OPINION: When Fonterra announced its Scope 3 emissions target this month, you might have thought that would please Greenpeace.

Fonterra's organic farmers received a record milk price of $10.80/ kgMS last season.

After years of average or below-average returns, Fonterra unit holders received a record dividend in 2023.

Fonterra chair Peter McBride says the co-operative isn't thinking about offering farmers any financial incentives for lowering their on-farm emissions profile.