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 chairman John Wilson says former PM John Key was a great supporter and advocate of the dairy industry.
Speaking at Fonterra’s annual meeting last week, Wilson said he had the pleasure of joining Key on trade missions over the years.
“He has been a great supporter and advocate of dairy within New Zealand and globally.
“He had deep understanding of our co-op, and an inquisitive mind.”
Wilson says it’s important Fonterra works closely with the new prime minister.
“We have to ensure our trade strategy adapts to a changing global environment that has seen significant political change.”
In advance of the Budget, Finance Minister Nicola Willis put a clear damper on expectations and delivered accordingly.
Farmers should be cautiously optimistic as the 2026/27 season kicks off, says DairyNZ.
RaboResearch senior analyst Emma Higgins expects the 2026/27 dairy season to be another profitable one.
The new dairy season is kicking off with plenty of risks to the forecast farmgate price, both upside and downside, says ANZ agricultural economist Matt Dilly.
A potential showdown between the top two Federated Farmers leaders looms at the farmer lobby's annual meeting later this month.
FarmIQ Systems has developed a free land management app to help remove barriers to New Zealand farmers and growers adopting digital tools.