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Increased Chinese demand speeds up $12m Fonterra expansion

November 2, 2016

New Zealand dairy processor Fonterra has brought forward the expansion of one of its production lines on the back of growing demand from…

Fonterra opens new dairy farm in China with capacity for 30,000 cows

September 19, 2016

Dairy

Fonterra, one of New Zealand’s largest dairy co-ops, recently opened a new farming hub which is capable of farming up to 30,000 cows,…

Australian milk production plummets in July

September 1, 2016

Dairy

Australian milk production in July dropped by 10.3% on the corresponding month in 2015, the latest figures from Dairy Australia show. Milk production…

Fonterra increases its farmgate milk price forecast

August 25, 2016

Dairy

Fonterra Co-operative Group Limited today increased its 2016/17 forecast Farmgate Milk Price by 50c to $4.75/kgMS. When combined with the forecast earnings per…

Australian dairy farmers forced to cull cows to pay mounting bills

August 19, 2016

World News

Farmers in Australia have been forced to send prized dairy cows to the saleyards for slaughter so they can pay their bills, according to Four…

Financial boost for Fonterra farmers with further dividend payment

August 18, 2016

Dairy

Fonterra Co-op has announced that it will pay a further 10c/share of its previously announced 2015/16 forecast dividend of 40c/share. Fonterra had already brought forward an…

Fonterra farmers to receive 19.86c/L for milk this season

August 7, 2016

Dairy

Fonterra has announced that it is holding its forecast farmgate milk price at NZ$4.25/kgMS or in Irish constituents the equivalent of 19.86c/L. This…

‘Tightening global dairy supply to be a key market driver of prices’

July 20, 2016

Dairy

Following yesterday’s unchanged Global Dairy Trade auction, ASB Bank in New Zealand has said that tightening global dairy supply will be the key…

Fonterra Australia cuts milk price for new season due to ‘market conditions’

July 3, 2016

Dairy

Fonterra Australia has advised its suppliers that it forecasts a closing farmgate milk price for the 2016/17 season of $5.00kg/MS, with an opening…

Expanded Fonterra cheese plant can produce cheese for 3 billion burgers annually

June 8, 2016

World News

Fonterra has officially opened its new cheese expansion at Eltham, Australia, with the plant now able to produce enough cheese to fill more…

Fonterra sets opening farmgate milk price, farmers resigned to ‘another tight season’

May 27, 2016

Dairy

Fonterra has announced an opening forecast farmgate milk price of $4.25/kgMS for the 2016/2017 season, an increase of 35c on the forecast for…

Fonterra farmers to get early share dividend due to tight cash flows

May 18, 2016

Dairy

Fonterra has announced that it is to pay part of its forecast final dividend to its farmers earlier, in order to support them…

How Fonterra plans to dominate the Chinese dairy market with 15,000 cows

March 24, 2016

Other

Fonterra announced its interim results for 2015, it predicted a possible upturn in dairy prices towards the end of 2016. Fonterra exports around…

Fonterra predicts a lift in dairy prices later this year

March 23, 2016

Dairy

Fonterra has said that it expects dairy prices to pick up at the end of the year as it posted interim results with…

Fonterra cuts its forecast milk price to less than 18c/L

March 8, 2016

Dairy

Fonterra has reduced its forecast Farmgate Milk Price for the 2015/16 season from $4.15 per kgMS to $3.90 (€2.39) per kgMS or the…

Improved Fonterra facility to process four times more milk than Belview

February 29, 2016

Agri-Business

Fonterra recently unveiled three new processing plants at its Edendale facility on the South Island of New Zealand. The development, which was opened recently,…