Agri-Business
New development in Lactalis’ bid to acquire Fonterra’s dairy ingredients business
There has been a new development in Lactalis’ bid to acquire Fonterra’s consumer, dairy ingredients and food service businesses. The...
Fonterra
Agri-Business
Fonterra reports jump in profits, confirms forecast milk price
Fonterra has announced a profit after tax of NZ$1.158 billion in the third quarter (Q3), up NZ$119 million or 11%...
Agri-Business
Fonterra reports increase in first half profit and earnings
Fonterra has reported a half year profit after tax of NZ$729 million, which is up 8% on the corresponding period...
Dairy
Fonterra offers $250,000 in grants for wetlands restoration
Fonterra has embarked on a new partnership with NZ Landcare Trust offering NZ$250,000 in grants for wetlands restoration. In total,...
Agri-Business
Fonterra raises full year earnings forecast by up to 25%
New Zealand dairy co-op Fonterra has increased its full year earnings for 2025 (FY25) from 40-60 cents per share to...
Agri-Business
Fonterra announces new incentives for farmers to reduce emissions
Fonterra has today (Tuesday, February 18) announced new funding designed to grow value for its shareholders through helping farmers reduce...
Agri-Business
Fonterra to invest $150m in electrification projects
Fonterra is set to invest $150 million in electrification projects across the North Island of New Zealand over the next...
Agri-Business
Fonterra releases new strategy to ‘grow value for farmers’
New Zealand dairy co-operative Fonterra has released a new “revised” business strategy which it says will involve a greater focus...
Dairy
2024 financial results for Fonterra show year on year fall in profit
New Zealand co-op, Fonterra, has today (Wednesday, September 25) reported a profit after tax from continuing operations of NZ€1.17 billion...
Agri-Business
Fonterra invests $75m to increase high-value protein production
Fonterra has announced that it will invest $75 million to increase production of high-value protein dairy ingredients. The New Zealand...
Agri-Business
Latest Fonterra financial results narrow farmgate price forecast
Fonterra Co-operative Group Ltd., has today (Thursday, March 21) released its FY24 interim results which show a continuation of strong earnings performance. CEO...
Agri Politics
Fonterra further increases 2024 forecast farmgate milk price
Fonterra Co-operative Group Ltd has today (Monday, February 12) increased its 2023/24 season forecast farmgate milk price, with the midpoint...
Agri-Business
Fonterra increases forecast farmgate milk price
Fonterra Cooperative Group has today (Thursday, December 7) increased its forecast farmgate milk price and earnings guidance for 2024. The...
Agri-Business
Fonterra aims for 30% on-farm emissions cut by 2030
Fonterra has today (Thursday, November 9) announced that it is targeting a 30% reduction in on-farm emissions by 2030. The...
Agri-Business
Fonterra and Nestlé complete sale of dairy joint venture in Brazil
Fonterra Co-operative Group Ltd has confirmed that the sale of Fonterra and Nestlé’s dairy joint venture in Brazil is now...
Agri-Business
Fonterra increases farmgate milk price forecast
Fonterra Co-operative Group has today (Monday, October 9) increased its farmgate milk price forecast on the back of improved demand...
Dairy
Fonterra cuts milk price forecast for second time
New Zealand’s largest dairy company, the Fonterra Co-operative Group, has reduced down its 2023/24 season milk price forecast for the...
Dairy
DairyNZ warns some farmers will make a loss this season
New Zealand dairy organisation DairyNZ has warned that some farmers in the country will make a loss this season and...
