Fonterra

Offer will give farmers flexibility

A supply offer enabling Fonterra farmer shareholders to sell the economic rights of some of their shares will open in May.

Fonterra fund units could fall

The dairy sector may weather the drought better than beef and sheep farmers but Fonterra's recently launched shareholder fund units could take a hit in value.

Fonterra backs Waituna Lagoon restoration

Groups already working to improve water quality in the Waituna Lagoon near Invercargill have welcomed funding from dairy giant Fonterra.

Fonterra signs $20m waterway cleanup deal

Fonterra signs $20m waterway cleanup deal

Fonterra is investing $20 million in a conservation project to restore waterways in Northland, Waikato, Canterbury and Southland.

Drought expected to help Fonterra

Drought expected to help Fonterra

Prices surged in the GlobalDairyTrade auction this week, increasing 10.4% on a trade-weighted basis, as New Zealand's supply tightens rapidly, due to dry conditions.

Fonterra, A-ware venture

Fonterra and Netherlands-based A-ware Food Group have signed an agreement to develop a cheese plant and dairy ingredients plant in Heerenveen, in the north of the Netherlands.

Issuing shares for stakeholders

Issuing shares for stakeholders

Fonterra will launch a bonus issue in April that the dairy processor says will not dilute the value for either shareholders or unit holders.

Dry conditions slow milk supply growth

Dry weather conditions, particularly in the North Island, in mid-December and January had resulted in a slowdown in milk supply growth, Fonterra chief executive Theo Spierings said yesterday.

Demand for dairy despite DCD scare

Moves by Fonterra and the Ministry of Primary Industries following the agrichemical scare appear to have largely assured markets that New Zealand dairy products are safe, Westpac economist Nathan Penny says.

Fonterra sets out to reassure markets

Fonterra sets out to reassure markets

Fonterra has moved to persuade global customers that New Zealand dairy products are safe to consume, in the wake of the discovery of dicyandiamide residue in milk.

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