The news made only a brief appearance on New Zealand’s business pages as Synlait Farms’ proposal to sell a majority stake to China’s Shanghai Pengxin took centre-stage. For once it seems Fonterra has something to thank its foreign-owned rivals for.
-
font size
decrease font size
increase font size
FRENCH INTERNATIONAL dairy giant Danone’s third quarter update said it expects Fonterra’s botulism scare to cost it over $1bn in lost sales and extra costs.
Popular Reads
Agricultural Vehicle Rule Changes Welcomed by Rural Contractors NZ
Rural Contractors NZ says proposed changes to land transport rules for agricultural vehicles are a welcome response by the Government…Fonterra CFO Andrew Murray Resigns
Fonterra Co-operative Group chief financial officer Andrew Murray has resigned to take up a role outside the dairy giant.Election 2026: What Parties Promise the Primary Sector
With a general election under five weeks away, Rural News is asking major political parties about their policies and positions…DGC Posts Record Goat Milk Payout of $14.56/kgGMS
Things are looking up in the dairy goat sector.Featured
Tractor Weight Rules NZ: Contractors Welcome Reform
Rural Contractors NZ says proposed changes to land transport rules for agricultural vehicles are a welcome response by the Government to out-of-date regulations which have seen members hit with huge fines.
NZ Methane Rules: Can Biozest Cut Emissions Without Culls?
With New Zealand’s greenhouse gas emissions in the spotlight, Auckland scientist Nathan Balasingham says there’s a better way to tackle the problem than shrinking cow numbers or fertiliser usage.
Massey Aims To Be the Primary Sector’s University Partner
Massey University vice chancellor Pierre Venter says his institute is moving from a period of austerity into a growth phase, based on their new strategy.
Lockwood Smith: Red Meat Needs More Product Research
With the red meat sector going through a boom time with high prices, the time is right for the industry to step up its investment into developing new food products.
MIA Chief Executive Nick Beeby on Meat Industry Challenges and Cooperation
Meat Industry Association chief executive Nick Beeby says there’s now much closer cooperation between meat processing companies than there was many years ago.
Fonterra Lifts Farmgate Milk Price
Good news for Fonterra farmers. The co-op has raised this season’s farmgate milk price mid-point by 25c to $9.75/kgMS.
National
Hectre Opens Auckland Lab for Hyperspectral Fruit Research
A new fruit quality research laboratory has been opened in Auckland by agritech company Hectre to develop pioneering hyperspectral technology.
Groundswell on Freshwater Rules, Paris Agreement and AgriZeroNZ
Farmer lobby Groundswell believes that farmers are worried about the implications of a potential centre-left government.Federated Farmers Urges Farmers to Vote on November 7
With less than a week to go before voters choose the next government, Federated Farmers has a simple message to…Year 11 Agriculture and Horticultural Science to Go Standalone
Students will be able to study Agriculture and Horticultural Science from Year 11, creating a clear pathway into Years 12…Vets: Move Fireworks From Backyards to Licensed Public Displays
With fireworks on sale from today and the election five days away, the NZ Veterinary Association says the issue deserves…Machinery & Products
Massey Ferguson to Add Compact Tractors in ITL partnership
Massey Ferguson has announced a strategic supply partnership with International Tractors Limited (ITL), a manufacturer of low-horsepower and compact tractors,…
