Displaying items by tag: Miles Hurrell

The changing personal circumstances of consumers, largely driven by Covid-19, is shaping some of the innovation at Fonterra's R&D centre in Palmerston North.

Fonterra is sticking to normalised earnings guidance of 25-35 cents per share for this year.

Fonterra has reduced its 2020-21 forecast farmgate milk price range midpoint by 5c.

Good news for Fonterra farmers: the co-operative has announced an opening forecast farmgate milk price range for the 2021-22 season of $7.25 - $8.75/kgMS, with a midpoint of $8/kgMS.

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.