Dairy
Fonterra and Greenpeace settle dispute over butter label
Fonterra and Greenpeace have agreed to resolve a dispute over labelling on butter. The proceeding concerns claims by Greenpeace that...
Fonterra
Dairy
Fonterra completes sale of Mainland Group to Lactalis
Fonterra Co-operative Group has today (April 1) completed the sale of its global consumer and associated businesses, Mainland Group, to...
Agri-Business
Fonterra reports increased profit in half year results
Fonterra has released half year interim results, showing “continued momentum” in its performance. It has reported revenue of NZ$13.9 billion in...
Agri-Business
Fonterra CEO Miles Hurrell announces resignation
New Zealand dairy company Fonterra Co-operative Group has today (Monday, March 16) announced that chief executive Miles Hurrell has resigned....
Agri-Business
Fonterra narrows farmgate milk price forecast
One of the world’s largest dairy co-operatives and processors, New Zealand-based Fonterra, has provided an update on its forecasted farmgate...
Agri-Business
NZ farmers vote in favour of selling Fonterra’s consumer businesses
Fonterra’s farmer shareholders have given the go ahead for the co-op to sell its global consumer and associated businesses. Fonterra’s...
Agri-Business
Fonterra to expand butter production announcing $75m investment
Fonterra has announced a $75 million investment to expand butter production at its Clandeboye site in South Canterbury, New Zealand....
Agri-Business
NZ farmers urged to ‘consider very carefully’ proposed deal in vote on Fonterra sale
Thousands of farmers in New Zealand are being urged to reject and “consider very carefully” their voting decision on a...
Agri-Business
Bega Cheese potential Fonterra Oceania acquisition not going ahead
Bega Cheese has indicated that its proposed acquisition of certain businesses within the Fonterra Co-operative Group Limited will not go...
Agri-Business
Lactalis acquire Fonterra’s dairy ingredients business in new deal
Fonterra Co-operative Group Ltd., has announced it has agreed the sale of its global consumer and associated businesses to Lactalis...
Agri-Business
Dairy prices soar by 46% across New Zealand
With tight supply and demand margins over the last few months, the New Zealand government body, Stats NZ are reporting...
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...
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...