increase font size
Fonterra is in damage control as its export markets react to potentially contaminated whey protein concentrate ending up in infant formula and other dairy products.
The co-op's chief executive Theo Spierings has flown to China to meet with customers and regulatory authorities. Spierings will hold a media briefing in Beijing on Monday morning to quell a backlash among Chinese consumers.
Chinese authorities have reportedly banned New Zealand dairy products. The Russian Government has issued a statement halting all trade in dairy products from NZ.
Fonterra managing director NZ Milk Products Gary Romano told a media briefing in Auckland this evening that there were "unconfirmed reports" of bans in China and Russia.
Romano says the co-op will be in touch with authorities in both countries to seek clarity.
The New Zealand Government has also stepped in. Fonterra chairman John Wilson and Romano met Trade Minister Tim Groser and Science and Innovation Minister Steven Joyce in Auckland last night.
But the co-op has refused to say what was discussed. Fonterra's group communications director Kerry Underhill says the meeting was ''frank and constructive''. But he declined to say whether the ministers questioned him on how long it took for the issue to emerge.
Fonterra announced on Saturday that a dirty pipe at its Hautapu plant in the Waikato might have contaminated three batches of a whey protein called WPC80 with bacteria that can cause botulism, a potentially fatal illness.
Several Fonterra customers have recalled their products. About 38 tonnes of contaminated WPC80 was sold by Fonterra.
A Māori-owned agribusiness helping to turn a long-standing animal welfare and waste issue into a high-value protein stream for the dairy and red meat sectors wants more industry support.
Waikato farmer, and Owl Farm demonstration manager, Jo Sheridan is the 2025 Fonterra Dairy Woman of the Year.
As part of preparing for a potential IPO in relation to the divestment process for its global Consumer business and integrated businesses Fonterra Oceania and Sri Lanka, Fonterra has named Anne Templeman-Jones as chair-elect of the Audit and Risk Committee for the Mainland Group board.
Fonterra says it takes the ongoing threat of 'adverse cyber action' extremely seriously.
Despite the turmoil in global markets, Fonterra is continuing with a dual track process to divest its multi-billion dollars consumer businesses.
Business Advisors and Accountants (BFA) and Craigs Investment Partners will be hosting an event later this month where they will take a deeper look at the practical and emotional side of succession planning.
Beef + Lamb New Zealand (B+LNZ) says the Government needs to close loopholes in the guidance around limits on carbon forestry as news of further whole-farm sales emerges.
Sales of premium brand Envy apples are booming in Taiwan.
Sheep milk powder and products exporter Maui Milk is partnering with one of China’s biggest dairy players to boost its market presence.
Ngai Tahu's legal action seeking self-determination (rangatiratanga) over fresh water could have huge implications for the future of farming, the viability of farming businesses, and our wider rural communities, says Federated Farmers national vice president Colin Hurst.
A Māori-owned agribusiness helping to turn a long-standing animal welfare and waste issue into a high-value protein stream for the dairy and red meat sectors wants more industry support.
OPINION: The appendage swinging contest between the US and China continues, with China hitting back with a new rate of…
OPINION: The irony of President Trump’s tariff obsession is that the worst damage may be done to his own people.
