Fonterra plays such an important role in the New Zealand
economy, and its presence in the global economic structure,
that news the dairy giant is increasing its farmgate milk
price created something of a collective sigh of relief.
The false alarm over Fonterra's botulism scare in some of its
whey concentrate product has resulted in a relieved food
industry but prompted questions about how testing could have
failed on such an epic scale.
Sri Lanka has ordered Fonterra to recall two batches of milk
powder which it says is contaminated with the farm chemical
DCD, a claim Fonterra chief executive Theo Spierings says the
company will fight.
As Fonterra chief executive Theo Spierings was apologising to
consumers and the New Zealand public over the infant formula
contamination scandal yesterday, it emerged four batches of
potentially tainted product had reached Hong Kong and