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Miles Hurrell

Fonterra's now signalling a farmgate milk price of $9.50 for the recently started season - which could be a new record
23rd Jun 22, 9:01am
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Fonterra's now signalling a farmgate milk price of $9.50 for the recently started season - which could be a new record
Fonterra is reporting lower earnings for the first nine months of the financial year in the face of margin pressures due to the high current milk price
26th May 22, 8:50am
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Fonterra is reporting lower earnings for the first nine months of the financial year in the face of margin pressures due to the high current milk price
Fonterra is now forecasting a farmgate milk price of between $9.10 and $9.50 - which will still be a record
9th May 22, 9:01am
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Fonterra is now forecasting a farmgate milk price of between $9.10 and $9.50 - which will still be a record
Fonterra is to close its office in Moscow and relocate staff elsewhere; confident of finding alternative markets for dairy products
21st Mar 22, 9:30am
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Fonterra is to close its office in Moscow and relocate staff elsewhere; confident of finding alternative markets for dairy products
Dairy co-operative Fonterra maintains its 'mid-price' milk price forecast of $9.60 and forecast earnings of 25c to 35c a share
17th Mar 22, 8:45am
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Dairy co-operative Fonterra maintains its 'mid-price' milk price forecast of $9.60 and forecast earnings of 25c to 35c a share
Fonterra ups its milk payout price forecast to a record high, even topping analyst estimates. This new level adds another $600 mln to farmer incomes taking the annual transfer to $13.8 bln. Their dividend will probably remain unchanged
25th Jan 22, 9:18am
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Fonterra ups its milk payout price forecast to a record high, even topping analyst estimates. This new level adds another $600 mln to farmer incomes taking the annual transfer to $13.8 bln. Their dividend will probably remain unchanged
Fonterra has trimmed its milk price forecast for the current season slightly and sees 'significant pressure on earnings' in the last quarter of the financial year
26th May 21, 9:05am
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Fonterra has trimmed its milk price forecast for the current season slightly and sees 'significant pressure on earnings' in the last quarter of the financial year
Dairy co-operative Fonterra has improved 'normalised' profit by 43% and paid a dividend of 5c but says the second half of the year will be affected by the rising costs of dairy products
17th Mar 21, 9:02am
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Dairy co-operative Fonterra has improved 'normalised' profit by 43% and paid a dividend of 5c but says the second half of the year will be affected by the rising costs of dairy products
David Hargreaves hopes that Fonterra's excellent recent work to recover its position won't be blown off course by the pressure higher milk costs will put on its margins
5th Mar 21, 1:23pm
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David Hargreaves hopes that Fonterra's excellent recent work to recover its position won't be blown off course by the pressure higher milk costs will put on its margins
Fonterra boosts price it expects to pay farmers by 20c per kilogram of milk solids on the back of continued global dairy price increases
3rd Feb 21, 9:07am
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Fonterra boosts price it expects to pay farmers by 20c per kilogram of milk solids on the back of continued global dairy price increases
Fonterra raises its 2020/2021 milk payout forecast to a mid-point of $7.00/kgMS, also says earnings rise on strong recovery in China's foodservice sector
4th Dec 20, 9:02am
by admin
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Fonterra raises its 2020/2021 milk payout forecast to a mid-point of $7.00/kgMS, also says earnings rise on strong recovery in China's foodservice sector
Fonterra's now picking a milk price for the current season in a higher range of $6.30 to $7.30 per kilogram of milk solids, giving a 'midpoint' forecast of $6.80
15th Oct 20, 8:53am
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Fonterra's now picking a milk price for the current season in a higher range of $6.30 to $7.30 per kilogram of milk solids, giving a 'midpoint' forecast of $6.80
Fonterra says sale of the China farm interests will allow the co-op to 'prioritise the areas of its business where it has competitive advantages'
5th Oct 20, 9:15am
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Fonterra says sale of the China farm interests will allow the co-op to 'prioritise the areas of its business where it has competitive advantages'
Fonterra says it is changing the way it will reward farmers for sustainable practices and now intends to offer an extra cash payment of up to 10c per kilogram of milk solids
23rd Jun 20, 11:45am
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Fonterra says it is changing the way it will reward farmers for sustainable practices and now intends to offer an extra cash payment of up to 10c per kilogram of milk solids
Fonterra says wide ranging milk price forecast for new season reflects global uncertainty; mid price for current season now set at $7.20; earnings for current year still picked to be between 15c-25c a share
21st May 20, 8:53am
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Fonterra says wide ranging milk price forecast for new season reflects global uncertainty; mid price for current season now set at $7.20; earnings for current year still picked to be between 15c-25c a share
Fonterra reports big profit recovery but leaves milk payout forecast unchanged and won't pay an interim dividend
18th Mar 20, 9:03am
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Fonterra reports big profit recovery but leaves milk payout forecast unchanged and won't pay an interim dividend
Dairy prices surprisingly resilient in face of China's woes. Growing calls to heed the science of water storage to mitigate climate stress effects
21st Feb 20, 9:09am
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Dairy prices surprisingly resilient in face of China's woes. Growing calls to heed the science of water storage to mitigate climate stress effects
Fonterra narrows milk price forecast to $7-$7.60; says new year has started well, but warns of 'several one-off adjustments' that will affect the full year results
5th Dec 19, 9:48am
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Fonterra narrows milk price forecast to $7-$7.60; says new year has started well, but warns of 'several one-off adjustments' that will affect the full year results
Guy Trafford looks at the lift in milk pay-outs from Fonterra and welcomes it but wonders if there is a potential downside. He also says it is no surprise that there are “no changes” to the Climate Response Bill regarding methane
23rd Oct 19, 2:01pm
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Guy Trafford looks at the lift in milk pay-outs from Fonterra and welcomes it but wonders if there is a potential downside. He also says it is no surprise that there are “no changes” to the Climate Response Bill regarding methane
Fonterra gives new milk price range for the season of $6.55-$7.55 per kilogram of milk solids; says it has been achieving 'good prices' for its milk so far
22nd Oct 19, 9:00am
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Fonterra gives new milk price range for the season of $6.55-$7.55 per kilogram of milk solids; says it has been achieving 'good prices' for its milk so far
Mercury's Chief Executive Fraser Whineray will join Fonterra in the newly created title of Chief Operating Officer from early next year
8th Oct 19, 9:12am
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Mercury's Chief Executive Fraser Whineray will join Fonterra in the newly created title of Chief Operating Officer from early next year
As disappointed farmers deal with Fonterra’s poor performance it emerges a new multi-million dollar cheese plant is hardly being used. The Spinoff's Maria Slade reports
5th Oct 19, 9:10am
by Guest
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As disappointed farmers deal with Fonterra’s poor performance it emerges a new multi-million dollar cheese plant is hardly being used. The Spinoff's Maria Slade reports
Guy Trafford predicts some quiet years ahead for Fonterra as it regroups and seeks to regain farmer confidence
27th Sep 19, 11:25am
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Guy Trafford predicts some quiet years ahead for Fonterra as it regroups and seeks to regain farmer confidence
Fonterra is employing a back to basics strategy that will involve it getting rid of its overseas 'milk pools' over time; is targeting lower dividends in the immediate future and will not borrow to pay for these
26th Sep 19, 8:46am
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Fonterra is employing a back to basics strategy that will involve it getting rid of its overseas 'milk pools' over time; is targeting lower dividends in the immediate future and will not borrow to pay for these
Fonterra says it has $1 billion available for debt reduction after completing its latest asset sale
25th Sep 19, 8:47am
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Fonterra says it has $1 billion available for debt reduction after completing its latest asset sale