The New Zealand dollar gained after dairy prices rose at the latest GlobalDairyTrade auction, soothing concerns about the local economy and …
Read More »Tag Archives: dairy
Coriolis: Foreign-owned firms still grabbing most end value from NZ dairy ingredients
Most of the end value of New Zealand’s dairy ingredients is being captured by foreign-owned firms beyond the border, a new …
Read More »2 Milk turns to annual loss on increased costs; no action on takeover bid
A2 Milk, the specialty milk marketing company, turned to an annual loss despite a hike in revenue as it invests in offshore …
Read More »Fonterra wants to refuse to supply milk to large competitors and buy from new suppliers
Fonterra says it should no longer be required to accept all milk from new suppliers or to have to make …
Read More »Fonterra overshoot on 2015 advance payment worsens 2016 farmer cash flows
Milk prices have dropped so dramatically that Fonterra Cooperative Group effectively overpaid farmers under an advance payments scheme last year, sapping funds available …
Read More »NZ dollar gains as Fonterra offers farmer support, primps dividend while cutting forecast
The New Zealand dollar gained after Fonterra slashed its milk payout forecast as expected while offering interest-free loans and a …
Read More »Fonterra slashes payout, farmers offered $430m cash advance
Fonterra has slashed its farmgate milk price for the 2015/16 season by $1.40 to $3.85 per kilogram of milk solids …
Read More »NZX milk futures point to further declines in prices
A slump in the price of whole milk powder, New Zealand’s key dairy export, is likely to continue according to traders …
Read More »Fonterra top brass on notice from farmers as 523 jobs go in shake-up
Federated Farmers says top management should be leaving Fonterra Cooperative Group if results don’t start improving in the next couple of …
Read More »Fonterra’s 2015/16 payout cut now expected to below latest season’s
Weaker dairy prices have prompted analysts to pull back their expectations for Fonterra Cooperative Group’s payout to farmers this season, …
Read More »