Fonterra Begins CEO Search Following Miles Hurrell Resignation
Fonterra chief executive Miles Hurrell has resigned after eight years in the role.
Fonterra has broken its record for the highest export month with 246,000 tonnes of dairy products loaded on ships during December. The shipments boosted New Zealand's economy by $1.3 billion for the month.
In March 2011 Fonterra shipped 229,000 tonnes of product, but continued growth in global demand for dairy products combined with record milk production early on in the current dairy season has led to another spike.
In December, Fonterra closed the door on an export container every 2.7 minutes – 546 containers a day. Fonterra's exports account for more than a quarter of all New Zealand exports.
Fonterra trade & operations managing director Gary Romano says a good autumn and a mild winter created optimal grass growing conditions ahead of the 2011-12 dairy season.
"This helped create a wave of milk up about 10 per cent on a daily basis during the peak flow in late September through to November.
"While conditions were good overall, farmers did face extreme challenges including a near nationwide dumping of spring snow and flooding in some regions.
"Our farmers have coped tremendously, not just with bad weather but also the record milk flow which peaked at more than 80 million litres a day," he says.
Fonterra teams have gone the extra mile to manage the huge amount of milk this season and get value out of every drop of milk.
Romano says a huge effort has gone in from the moment the milk is collected, to processing, packing, storing and shipping.
Demand for high quality dairy products is still looking strong with South East Asia, China, the Middle East and North Africa driving the growth in exports.
"Dairy is becoming increasingly important in these markets as people grow wealthier and want access to more nutritious foods," says Romano.
New Zealand's diverse cheesemaking talent shone brightly last night as the New Zealand Specialist Cheesemakers Association (NZSCA) crowned the champions of the 2026 New Zealand Cheese Awards.
Tracing has indicated that the source of the first velvetleaf find of the 2025-26 crop season, in Auckland, was likely maize purchased in the Waikato region.
Fish & Game New Zealand has announced its election priorities in its Manifesto 2026.
With the forage maize harvest started in Northland and the Waikato, the Foundation for Arable Research (FAR) is telling growers of later crops, or those further south, to start checking their maize crop maturity about three weeks prior to when they think they will start silage harvesting.
Irrigation NZ is warning that the government's Resource Management Act (RMA) reform risks falling short of its objectives unless water use for food production and water storage infrastructure are clearly recognised in the goals at the top of the new system.
More than five million trays, or 18,000 tonnes, of Zespri’s RubyRed Kiwifruit will soon be available for consumers across 16 markets this season.
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