Fonterra

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.

Soaring kiwi slashes cash from cows

Soaring kiwi slashes cash from cows

The high value of the New Zealand dollar has cost Fonterra's farmer-shareholders about $1 billion in lost revenue, Federated Farmers dairy spokesman Willy Leferink says.

Fonterra profit up but payout down

Dairy co-operative Fonterra yesterday reported an improved profit for the year ended June but a reduced payout for farmers, with warnings already that next season's payout will be even lower.

'Watering down' of milk criticised

'Watering down' of milk criticised

Dairy giants are coming under increasing pressure to reveal how much of a controversial "snot-like" byproduct they put in their milk.

Fonterra gets clearance to buy plant

Fonterra gets clearance to buy plant

Fonterra has gained Commerce Commission clearance to buy the Studholme milk processing plant near Waimate, which has been in receivership for almost four months.

Fonterra cleared to buy NZ Dairies

The Commerce Commission said it had cleared Fonterra to acquire the dairy processing assets of New Zealand Dairies, which is in receivership.

Testing times as milk payout falls

Testing times as milk payout falls

The lowering last week of the forecast payment Fonterra will make to farmers for milk this season has much wider repercussions than just the bank balances of the country's 14,000 dairy farmers.

Farmer caution urged

Farmer caution urged

Dairy farmers have been again urged to "pull the belt buckle in" after Fonterra sliced 30c from its previous forecast range for the 2012-13 season to $5.65-$5.75.

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