Strong Interim Results See Fonterra Boost Farmgate Milk Price to $9.70/kgMS
Fonterra says its interim results show continued momentum in its performance, with revenue of $13.9 billion in the first half of the 2026 financial year.
Fonterra is recalling two batches of butter after the discovery of a fine metal object in the product.
Fonterra Brands (New Zealand) Ltd (FBNZ) is conducting a voluntary recall of:
Mainland Salted Butter 500gm-, best before date of January 10, 2013 (Batch CV12) and
Anchor Salted Butter 500gm-, best before date January 26, 2013 (Batch CV28)
FBNZ managing director Peter McClure says the recall follows two isolated complaints received from consumers who had found a fine metal object in their butter products. There have been no reports of anyone being injured.
"The voluntary recall is a precautionary measure as there can be no compromise when it comes to product quality or the health and safety of our consumers," says McClure.
"We advise anyone with family or friends who may have bought this product to contact them in case they do not see or hear this announcement."
Consumers should not consume the above-stated products but should return them to the point of purchase, with the appropriate packaging (batch code included), for a full refund.
This recall is limited to the above-stated products that are produced and sold in New Zealand and no other FBNZ products are affected.
Food recall notices have been placed in daily newspapers across New Zealand this week and authorities have been notified.
For further information, consumers should call the FBNZ Customer and Consumer Services line: 0800 262 467.
The proposed retrenchment of Heinz Wattied's manufacturing presenced in New Zealand will be a blow to the wallets of more than 200 Canterbury vegetable growers.
The cost of running a New Zealand farm is now 27% higher than it was before Covid, putting sustained pressure on profitability acrfoss the sector, according to new ANZ research.
Rural contractors are getting guidance on how to deal with recent rising fuel prices.
An Ōpunake farmer with a poor effluent system has been fined $35,000 with a discount on the penalty discarded after he charged at a Taranaki Regional Council officer inspecting the ‘systematic problems’ on his farm.
The horticulture sector is under threat because of vulnerabilities of the country's transport infrastructure, according to a report commissioned by a collective representing a range of groups in the sector.
Silver Fern Farms chief executive Dan Boulton says the meat processor wants to find ways of getting product destined for Middle East markets into those markets as opposed to try and place them elsewhere.

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