milk
Fonterra CEO says the dairy giant is adapting to global dairy demand, with the co-op expecting another season of strong milk supply while also preparing for potential El Niño impacts
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Fonterra CEO says the dairy giant is adapting to global dairy demand, with the co-op expecting another season of strong milk supply while also preparing for potential El Niño impacts
Dairy giant Fonterra is paying farmer shareholders $9.69 per kilogram of milk solids and a total dividend for the year of 73 cents after reporting a $2.6 billion after-tax profit
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Dairy giant Fonterra is paying farmer shareholders $9.69 per kilogram of milk solids and a total dividend for the year of 73 cents after reporting a $2.6 billion after-tax profit
DairyNZ says the 2024/25 dairy season one of the strongest financial years recorded for NZ dairy farmers, but 2026/27 season will bring a ‘cost shock’
DairyNZ says the 2024/25 dairy season one of the strongest financial years recorded for NZ dairy farmers, but 2026/27 season will bring a ‘cost shock’
The way is now clear for Fonterra farmer shareholders to receive a $3.2 billion payout in two weeks' time
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The way is now clear for Fonterra farmer shareholders to receive a $3.2 billion payout in two weeks' time
Fonterra's now forecasting a milk price for farmers of $9.70 and has announced dividends totalling 40c a share
Fonterra's now forecasting a milk price for farmers of $9.70 and has announced dividends totalling 40c a share
Miles Hurrell says Fonterra’s 'entering the next phase in its strategic implementation', which 'marks a natural turning point for a new leader to step in while I consider what’s next for me'
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Miles Hurrell says Fonterra’s 'entering the next phase in its strategic implementation', which 'marks a natural turning point for a new leader to step in while I consider what’s next for me'
A record-high 70% of farmers responding to the twice-yearly Federated Farmers Confidence Survey say their farm is currently profitable
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A record-high 70% of farmers responding to the twice-yearly Federated Farmers Confidence Survey say their farm is currently profitable
Dairy company Synlait is 'very disappointed' with its latest six-month result and the impact it has had on the pace of the company's financial turnaround
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Dairy company Synlait is 'very disappointed' with its latest six-month result and the impact it has had on the pace of the company's financial turnaround
Fonterra's forecast milk price for farmers in the current season has now been chopped by 10% from the co-operative's opening forecast level; latest reduction sees price trimmed to $9 from $9.50
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Fonterra's forecast milk price for farmers in the current season has now been chopped by 10% from the co-operative's opening forecast level; latest reduction sees price trimmed to $9 from $9.50
[updated]
Following another difficult global dairy auction this week, prices are now at their lowest level in two years, having dropped 25% from the recent peak in May and putting downward pressure on Fonterra's already reduced milk price forecast
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Following another difficult global dairy auction this week, prices are now at their lowest level in two years, having dropped 25% from the recent peak in May and putting downward pressure on Fonterra's already reduced milk price forecast
Fonterra says it is still on track to complete sale of its Mainland Group business in the first half next year, while reporting slightly reduced first quarter earnings
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Fonterra says it is still on track to complete sale of its Mainland Group business in the first half next year, while reporting slightly reduced first quarter earnings
Fonterra's farmgate milk price forecast has been reduced to $9.50 per kilogram of milk solids from $10 on the back of weaker global prices
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Fonterra's farmgate milk price forecast has been reduced to $9.50 per kilogram of milk solids from $10 on the back of weaker global prices
BNZ economists now forecast a farmgate milk price of $9.50 per kilogram of milk solids for the current season, down from $10.25; Fonterra currently forecasting $10
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BNZ economists now forecast a farmgate milk price of $9.50 per kilogram of milk solids for the current season, down from $10.25; Fonterra currently forecasting $10
Fonterra chair says divestment 'will usher in an exciting new phase for the co-op'; CEO says Fonterra will be 'unleashed'
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Fonterra chair says divestment 'will usher in an exciting new phase for the co-op'; CEO says Fonterra will be 'unleashed'
Dairy giant Fonterra is paying farmer shareholders $10.16 per kilogram of milk solids and a total dividend for the year of 57c after reporting a $1.079 billion after tax profit
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Dairy giant Fonterra is paying farmer shareholders $10.16 per kilogram of milk solids and a total dividend for the year of 57c after reporting a $1.079 billion after tax profit