Monday, 12 August 2019 12:17

Fonterra share price down 5%

Fonterra’s share price has dropped following a bleak market update on its 2018-19 financial results.

Published in General News

Fonterra chairman John Monaghan says the co-op remains strong at its core despite the disastrous interim financial results announced this morning.

Published in General News

Fonterra is signalling a full-year loss of up to $675 million for 2018-19.

Published in General News
Wednesday, 07 August 2019 11:04

Fonterra to offload Beingmate shares 

Fonterra’s disastrous investment in Chinese baby food company, Beingmate could soon come to an end.

Published in General News
Tuesday, 06 August 2019 11:55

Just 0.04% of global emissions

While New Zealand dairy may be a big chunk of this country’s inventory of greenhouse gas emissions (about 25%) it is relatively small as a component of total global emissions, says Fonterra chief scientist Jeremy Hill.

Published in General News

Nominations for the Fonterra board elections open today: two farmer-director positions are up for grabs.

Published in General News
Thursday, 01 August 2019 14:49

Farm Source joins online scheme

Fonterra subsidiary, Farm Source is teaming up with a new online marketplace called TheMarket, operated by The Warehouse Group.

Published in General News

Competition for raw milk in Australia has reached an all-time high this year, leading to big processors such as Fonterra losing farmer suppliers, says dairy analyst Steve Spencer, Freshagenda.

Published in General News
Tuesday, 30 July 2019 07:55

Aussie farmers desert Fonterra

Fonterra is facing a backlash from Australian farmer suppliers worried that the co-op could pull out of the extremely challenging market.

Published in General News
Wednesday, 24 July 2019 11:29

Factory closures?

OPINION: Australia hasn't been a happy hunting ground for Fonterra in recent years thanks to increasing competition among processors and supermarkets pushing their weight around.

Published in Milking It