Displaying items by tag: Fonterra

Fonterra plans to shave $1 billion off its operating costs by 2030.

Fonterra expects demand for its dairy products in China to return next year.

Fonterra is no longer docking farmer milk cheques for minor milk quality downgrades, within the Fat Evaluation Index (FEI) grading system, until further notice.

A diehard dairy co-operative champion and Fonterra shareholder is warning that the co-op could face a takeover bid if its share price continues to plummet.

Farmers are being told to expect tight times ahead as the projected milk price was revised to a new mid-point range of $7 following the Global Dairy Trade (GDT) auction earlier this month.

OPINION: It's interesting to note that Dutch co-operative Arla Foods is paying its farmers billions for reducing their scope three emissions (that's greenhouse gas emissions generated behind the farmgate).

OPINION: Dairy farmers are doing it tough and the latest Global Dairy Trade auction results point to tougher times ahead.

Farmers are being urged to budget on a milk price in the lower half of Fonterra's present guidance range, $6.25 to $7.75/kgMS.

Fonterra may need to provide additional support to cash-strapped farmers if the forecast milk price continues to fall.

Fonterra farmers are cutting costs on farm and expect similar discipline from their co-operative.