Fonterra Upgrades Earning Guidance
Fonterra Co-operative Group Ltd has upgraded its earnings guidance to 50 – 70 cents per share from 45 – 60 cents per share and…
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DIRA Amendment Bill Passes Third Reading
The Government has passed an Amendment Bill to support Fonterra’s move to a new capital structure and the continued success of New Zealand’s dairy…
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Progression for NZ Dairy Dispute with Canada
In advocacy of its dairy industry, New Zealand has requested the establishment of a panel to hear its dispute against Canada regarding the administration of…
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New Sustainable Finance Framework from Fonterra
As part of Fonterra’s commitment to sustainability and implementation of its strategy, the Co-operative has released its Sustainable Finance Framework (Framework). This Framework aligns Fonterra’s funding strategy with…
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Fonterra Lifts 2023 Earnings Guidance and Revises Milk Collections
Fonterra Co-operative Group Limited has announced it has revised its 2023 forecast earnings guidance to 45 to 60 cents per share, up from 30…
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Government to Review Dairy Export Quota
The Government intends to review the dairy quota allocation system to maximise export returns for New Zealand’s dairy industry, announced Agriculture Minister Damien O’Connor….
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First Step into Non-Dairy Products for Fonterra
Investing in a start-up company developing non-dairy proteins using precision fermentation, Fonterra has taken its first step into non-dairy products. In a process like…
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New Butter Plant for Westland Milk
Westland Milk Products has officially opened its new butter plant in Hokitika, the culmination of Project Goldrush — a $40 million plan to double…
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Big Slide for Dairy Prices at Auction
Dairy prices suffered a big drop at the global auction overnight, with declines across the board including a 2 percent decline for butter. The…
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GDT Prices Stirred up by Instant WMP
Prices dropped for the fifth consecutive Global Dairy Trade auction by 2.9 percent in aggregate but with widely differing components. Prices for grades of…
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