sign up log in
Want to go ad-free? Find out how, here.

Miles Hurrell

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
2
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
3
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
4
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
8
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
3
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
3
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
20
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
2
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
15
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
13
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
60
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
4
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
7
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
7
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
10
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
21
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
15
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
60
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
11
Fonterra says it has $1 billion available for debt reduction after completing its latest asset sale
David Hargreaves continues crunching the numbers on Fonterra and points to 2015 as the year it all went terribly wrong
11th Sep 19, 3:09pm
18
David Hargreaves continues crunching the numbers on Fonterra and points to 2015 as the year it all went terribly wrong
David Hargreaves crunches some numbers around Fonterra and does little to soothe his own anxiety about the future of New Zealand's dairy giant and our dairy industry
10th Sep 19, 9:26am
50
David Hargreaves crunches some numbers around Fonterra and does little to soothe his own anxiety about the future of New Zealand's dairy giant and our dairy industry
Fonterra says its milk volumes in Australia were down nearly 29% in the first month of the new season, following on from a more than 20% drop for the whole of last season
28th Aug 19, 3:05pm
7
Fonterra says its milk volumes in Australia were down nearly 29% in the first month of the new season, following on from a more than 20% drop for the whole of last season
David Hargreaves says Fonterra needs to articulate a plan for how it will get back on its feet quickly - or NZ's dairy industry could be imperilled
20th Aug 19, 8:46am
26
David Hargreaves says Fonterra needs to articulate a plan for how it will get back on its feet quickly - or NZ's dairy industry could be imperilled
Fonterra says it is set to lose between $590 mln and $675 mln in the just-completed financial year after writing down the value of more of its assets; $800 mln debt reduction target not achieved; board discussion on capital structure
12th Aug 19, 8:56am
100
Fonterra says it is set to lose between $590 mln and $675 mln in the just-completed financial year after writing down the value of more of its assets; $800 mln debt reduction target not achieved; board discussion on capital structure
Fonterra is now planning to sell part of its ill-starred investment in China's Beingmate on-market having failed to find a buyer for the whole 18.8% stake
7th Aug 19, 10:26am
18
Fonterra is now planning to sell part of its ill-starred investment in China's Beingmate on-market having failed to find a buyer for the whole 18.8% stake