Fonterra

Fonterra increases payout forecast range by 25c

Fonterra increases payout forecast range by 25c

Christmas has come early for Fonterra farmer shareholders with the dairy giant lifting its 2012-13 season payout forecast range by 25c to $5.90-$6.

Candidates at Fonterra roadshows

Fonterra shareholders will be able to meet director candidates during roadshows in the South tomorrow.

Fonterra fund trading exceeds expectations

Fonterra fund trading exceeds expectations

Demand for units in the Fonterra Shareholder Fund surged yesterday, with $133 million worth of trading in the three hours following the launch of Trading Among Farmers.

Fonterra shares at upper limit

Fonterra shares at upper limit

Fonterra units have been valued at the top of the range at $5.50 each but demand is expected to push them up even further when trading begins on the NZX on Friday.

Fonterra farmer shareholders cautious about selling

Many farmer shareholders seem to be taking a "wait and see" approach before selling economic rights of shares into the Fonterra Shareholders Fund, the dairy co-operative says.

Milk drier makes 924 tons of powder in a week

Milk drier makes 924 tons of powder in a week

Fonterra's newly-acquired milk-processing plant at Studholme, near Waimate, has already broken a record - producing 924 metric tonnes of whole milk powder in a week.

Fonterra staying mum on China stake report

Fonterra will not comment on a report out of Beijing that China Investment Corp is seeking a stake in the Fonterra Shareholders Fund, which is still in its formative stages, a spokesman for the co-operative says.

Fonterra adds to dairy hub in China

Fonterra is continuing its expansion in China with the purchase of two more big dairy farms in Hebei Province.

'Exciting chapter' for dairy

'Exciting chapter' for dairy

Trading Among Farmers could be the start of a "highly innovative and exciting chapter" in Fonterra's history, Federated Farmers dairy chairman Willy Leferink believes.

Fonterra's Shareholders Fund expected to raise $525m

Fonterra's Shareholders Fund expected to raise $525m

Units in Fonterra's Shareholders Fund, which will raise up to $525 million, are expected to go on sale on November 5.

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