Displaying items by tag: Miles Hurrell

After years of losses, Fonterra's two wholly owned China farming hubs in Ying and Yutian have been sold.

Fonterra chief executive Miles Hurrell says results of the last two dairy auctions reflect volatility in the global markets.

Fonterra says its revised strategy, focusing on value rather than volume, is paying off.

Fonterra has lifted its forecast farmgate milk price, hot on the heels of a huge leap in global dairy prices.

Nearly ten years after Fonterra’s last capital structure review, farmer shareholders have again started deliberating on the future shape of their co-operative.

New Zealand dairy farmers deserve credit for premium prices fetched around the world for their milk, says Fonterra chief executive Miles Hurrell.

Dairy farmers can expect a lift in the forecast milk payout if dairy prices continue to climb.

This season's farmgate milk price could match last season’s $7.14/kgMS payout, despite the carnage caused by Covid-19.

Fonterra is reporting a first quarter gross profit of $270 million, up $72m on the same period last year.

Strong demand from China for whole milk powder has triggered another rise in Fonterra’s farmgate milk price.