Fonterra FY26 Results: $9.69 Milk Price, $3.4bn Profit
Fonterra has unveiled its annual results for the 2026 financial year, posting $27 billion in revenue and close to $20 billion returned to New Zealand farmer owners and unit holders.
Twelve Indonesian farmers chosen as part of a Fonterra scholarship programme in Indonesia visited the cooperative's Te Rapa manufacturing site on Wednesday on the final leg of their 10-week training course in New Zealand.
The training course, run in conjunction with Taratahi Agricultural Training Centre, has seen the farmers study animal handling, milking and nutrition during their time here, spending nine weeks in Masterton and one week at Massey University.
Fonterra vice-president of International Farming Ventures Peter Moore says the initiative was designed to educate the farmers so that they can improve farming practices at home and to allow Fonterra to build greater relationships across Indonesia.
"Our brands have been in Indonesia for over 30 years and it is an important export market for Fonterra. The programme has been a great initiative that has allowed us to strengthen our key relationships and build Fonterra's reputation in local communities which is essential for our success in the country," Moore says.
The farmers travel back to Indonesia on Saturday after spending the week with Fonterra visiting Te Rapa, the Fonterra Hamilton offices and the Tip Top factory in Auckland.
Federated Farmers says it welcomes Labour's commitment to reviewing the Sharemilking Agreements Act, calling on other major parties to do the same.
For Canterbury dairy farmers Sian Meijer and Rick Wobben, wearable technology has become one of their most valuable on-farm tools - helping manage 1850 cows across an expansive, high-performing dairy operation while improving efficiency, mating outcomes and day-to-day decision making.
Fonterra has unveiled its annual results for the 2026 financial year, posting $27 billion in revenue and close to $20 billion returned to New Zealand farmer owners and unit holders.
The first major update to the Dairy Cattle Code of Welfare in more than a decade has been released, marking what DairyNZ describes as an important step in ensuring animal welfare standards continue to evolve alongside scientific evidence and on-farm realities.
Ravensdown shareholders have elected Jane Montgomery and Kate Acland to the Ravensdown Board for three-year terms, following a closely contested director election.
Federated Farmers says new legislation replacing the Resource Management Act will cut red tape, unlock investment and help grow New Zealand's export-led economy, after the Planning Bill and Natural Environment Bill passed their third reading in Parliament yesterday.