Fonterra Expands China Foodservice Business with New Anchor Essence Cream
Fonterra is strengthening its foodservice presence in China with the launch of a new cream for professional bakeries at Bakery China 2026 in Shanghai.
Fonterra Shareholders Council chairman Duncan Coull says today’s arbitration decision on the claims made by Danone has made this a tough day for the co-op.
Coul says it is farmer owners who will ultimately bear the cost, a fact he says is not lost on the Fonterra business.
He says Fonterra has made significant strides since the 2013 incident in terms of strengthening its operational processes, culture, and governance – as per the independent review process recommendations – and embedding them into our co-op’s functions and framework.
“Council is confident this has been done to a high standard and that our co-op is well placed in its journey to become the world’s most trusted source of dairy nutrition.”
The council was also confident the co-op acted with integrity when it issued the precautionary recall.
“Do What’s Right is one of our four values and in continuing to put safety ahead of all else we will build on the trust people throughout the world have in us.
“As tough as this outcome is, the lessons learned have enabled our co-op to emerge stronger and we now need to move forward together - proud of who we are, what we have achieved, and of our commitment to our values.”
Analysis of decades of research has revealed the implementation of good farming practices plays a critical role in reducing nutrient losses to improve freshwater outcomes.
Yesterday the Government used the opening of Fieldays to announce a major investment, as part of its Land Use Flexibility package, to support a more productive and sustainable future across six sectors including dairy.
Dairy farmers need to be high quality partners to the beef industry, says Prem Maan, the co-founder and executive chairman of the dairy corporate Southern Pastures.
The regions that will host clinical training for the University of Waikato's new medical school from 2028 have been confirmed, alongside a new nationwide approach to clinical placements for medical students.
The bumpy road you travel on teachs you a lot, believes Don Watson. And that’s the message he and wife Kirsten, supreme winners of the Auckland Ballance Farm Environment Awards, aim to pass on to their three sons.
New Zealand’s food and fibre sector is on track to deliver record export earnings, with export revenue forecast to reach $64.3 billion in the year ending 30 June 2026.
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