Fonterra

Latest stories

1h
Sky News Australia
Spierings staying put: FonterraFonterra has moved quickly to quash speculation chief executive Theo Spierings
Spierings staying put: Fonterra
Sky News Australia / Posted an hour ago
Fonterra has moved quickly to quash speculation chief executive Theo Spierings is leaving the company. 'Any speculation about Theo's position is completely untrue. End of story,' the company tweeted on Monday morning. Fonterra is generally slow to... Read more
5 related stories
2h
Scoop.co.nz
Fonterra Acknowledges Next Step in DIRA ReviewFonterra has received the Government’s discussion document on options to amend
Fonterra Acknowledges Next Step in DIRA Review
Scoop.co.nz / Posted 2 hours ago
Fonterra has received the Government’s discussion document on options to amend the Dairy Industry Restructuring Act 2001 and associated Raw Milk Regulations, and will be providing feedback during the next... Read more
4 related stories
2h
Otago Daily Times
Fonterra denies Spiering leaving claims"The speculation is completely untrue", Fonterra spokesman G.J Thompson told th
Fonterra denies Spiering leaving claims
Otago Daily Times / Posted 2 hours ago
"The speculation is completely untrue", Fonterra spokesman G.J Thompson told the Herald. The Australian newspaper has run a story Spierings might be on the way out and Air New Zealand chief executive Christopher Luxon was in line to take his... Read more
5 related stories
2h
The New Zealand Herald
Dairy farms squeezed from all sidesChris Engel, Federated Farmers dairy chairman for Wairarapa, said this was not
Dairy farms squeezed from all sides
The New Zealand Herald / Posted 2 hours ago
Chris Engel, Federated Farmers dairy chairman for Wairarapa, said this was not necessarily down to current low prices. Fonterra last week forecast a payout of $4.25 for the 2016-17 season, up 30c from this season. "When you have the first... Read more
2h
The New Zealand Herald
From the Lip: The good, the bad, the ugly plus Damian McKenzieare selling for $500-600,000 per canopy hectare. The bad? Well let's be honest
From the Lip: The good, the bad, the ugly plus Damian McKenzie
The New Zealand Herald / Posted 2 hours ago
are selling for $500-600,000 per canopy hectare. The bad? Well let's be honest, it was never going to be good. And Fonterra didn't disappoint with its opening forecast payout for the 2016-17 season. Maybe it was wishful thinking but I was... Read more
2h
The New Zealand Herald
Christopher Niesche: Milk of human kindness won't fix glutreal issue was over-inflated prices paid to the dairy farmers, a point made by
Christopher Niesche: Milk of human kindness won't fix glut
The New Zealand Herald / Posted 2 hours ago
real issue was over-inflated prices paid to the dairy farmers, a point made by Judith Swales, managing director of Fonterra Oceania. "The Australian dairy industry has to get real about milk price, and find ways to adjust to the new lower... Read more
3h
NZCity
Spierings staying put: FonterraFonterra has moved quickly to quash speculation chief executive Theo Spierings
Spierings staying put: Fonterra
NZCity / Posted 3 hours ago
Fonterra has moved quickly to quash speculation chief executive Theo Spierings is leaving the company. "Any speculation about Theo's position is completely untrue. End of story," the company tweeted on Monday morning. Fonterra is generally slow to... Read more
5 related stories
3h
New Zealand's National Business Review
Theo Spierings: The Louis van Gaal of dairyMourinho was replacing Dutchman Louis van Gaal. At the same time, rumours emer
Theo Spierings: The Louis van Gaal of dairy
New Zealand's National Business Review / Posted 3 hours ago
Mourinho was replacing Dutchman Louis van Gaal. At the same time, rumours emerged that another Netherlands expatriate, Fonterra boss Theo Spierings, is on the way out. It's hard not to draw distinctions between the two men, beyond the obvious... Read more
3h
New Zealand's National Business Review
Guy looks to trim access to Fonterra's raw milk for big processors in deregulation reviewPrimary Industries Minister Nathan Guy is seeking feedback on proposals to redu
Guy looks to trim access to Fonterra's raw milk for big processors in deregulation review
New Zealand's National Business Review / Posted 3 hours ago
Primary Industries Minister Nathan Guy is seeking feedback on proposals to reduce the amount of raw milk Fonterra Cooperative Group [NZX: FSF] has to sell to large independent processors in the latest step toward full deregulation of the dairy... Read more
4 related stories
3h
New Zealand's National Business Review
Fonterra's Spierings tipped to step downA report in The Australian newspaper today says Fonterra [NZX: FSF] chief execu
Fonterra's Spierings tipped to step down
New Zealand's National Business Review / Posted 3 hours ago
A report in The Australian newspaper today says Fonterra [NZX: FSF] chief executive Theo Spierings is about to step down and Air New Zealand [NZX: AIR] chief executive Christopher Luxon is his most likely replacement. Fonterra has categorically... Read more
5 related stories
3h
The New Zealand Herald
Buoyant beef market helpingmarket is providing some slight relief to Northland dairy farmers already strug
Buoyant beef market helping
The New Zealand Herald / Posted 3 hours ago
market is providing some slight relief to Northland dairy farmers already struggling with low milk prices. Dairy giant Fonterra has announced an opening forecast farmgate milk price of $4.25 per kg of milk solids for next season - an increase... Read more
3h
The New Zealand Herald
Fonterra shoots down claims CEO Theo Spierings is quittingFonterra chief executive Theo Spierings. Photo / Jason Oxenham Fonterra has de
Fonterra shoots down claims CEO Theo Spierings is quitting
The New Zealand Herald / Posted 3 hours ago
Fonterra chief executive Theo Spierings. Photo / Jason Oxenham Fonterra has denied claims in Australian media that chief executive Theo Spierings may be preparing to leave the dairy giant. "The speculation is completely untrue", Fonterra spokesman... Read more
5 related stories
4h
The New Zealand Herald
Christopher Niesche: Milk of human kindness won t fix glutreal issue was over-inflated prices paid to the dairy farmers, a point made by
Christopher Niesche: Milk of human kindness won t fix glut
The New Zealand Herald / Posted 4 hours ago
real issue was over-inflated prices paid to the dairy farmers, a point made by Judith Swales, managing director of Fonterra Oceania. "The Australian dairy industry has to get real about milk price, and find ways to adjust to the new lower... Read more
4h
The New Zealand Herald
Fonterra boss Theo Spierings tipped to quit, claims Australian reportFonterra chief executive Theo Spierings. Photo / Jason Oxenham Fonterra's chie
Fonterra boss Theo Spierings tipped to quit, claims Australian report
The New Zealand Herald / Posted 4 hours ago
Fonterra chief executive Theo Spierings. Photo / Jason Oxenham Fonterra's chief executive Theo Spierings might be on the way out and Air New Zealand chief executive Christopher Luxon could take his place, Australian media reports "Speculation is... Read more
5 related stories
7h
The New Zealand Herald
Page 2: Great Scott, Good Georgelaunch a great brew. "We've both had our successes," Mulligan noted. Breakfast
Page 2: Great Scott, Good George
The New Zealand Herald / Posted 7 hours ago
launch a great brew. "We've both had our successes," Mulligan noted. Breakfast is best Dairy forecasts may be up but Fonterra isn't relaxing, cashing in on its dairy brand Anchor's sponsorship of the New Zealand Olympic Team. The company... Read more
8h
Western Advocate
The week that was in the central westfront: Maia Hennock and Riley Thomson. ORANGE: Sammantha Devlin is jetting off
The week that was in the central west
Western Advocate / Posted 8 hours ago
front: Maia Hennock and Riley Thomson. ORANGE: Sammantha Devlin is jetting off to Melbourne this weekend to be part of the Fonterra Proud to be a Chef 2014 mentorship program, impressing judges of the Australia-wide competition just six months into... Read more
17h
Sky News Australia
Rules set to change for NZs FonterraThe process of changing the rules dairy giant Fonterra must follow in New Zeala
Rules set to change for NZs Fonterra
Sky News Australia / Posted 17 hours ago
The process of changing the rules dairy giant Fonterra must follow in New Zealand is gaining momentum with the release of a discussion paper which should lead to a bill in parliament this year. When Fonterra was created in 2001 it was a huge deal... Read more
4 related stories
18h
Northern Daily Leader
Dairy seller won’t milk farmers dryover the dairy industry – in which Victorian and Tasmanian farmers faced ruin a
Dairy seller won’t milk farmers dry
Northern Daily Leader / Posted 18 hours ago
over the dairy industry – in which Victorian and Tasmanian farmers faced ruin after processors Murray Goulburn and Fonterra recently slashed milk prices within a week of each other – Mr Johnson said some people were happy to pay more out of... Read more
10 related stories
18h
NZCity
Rules for Fonterra set to changeThe process of changing the rules dairy giant Fonterra must follow in New Zeala
Rules for Fonterra set to change
NZCity / Posted 18 hours ago
The process of changing the rules dairy giant Fonterra must follow in New Zealand is gaining momentum with the release of a discussion paper which should lead to a bill in parliament this year. When Fonterra was created in 2001 it was a huge deal... Read more
4 related stories
18h
The Young Witness
Dairy seller won’t milk farmers dryover the dairy industry – in which Victorian and Tasmanian farmers faced ruin a
Dairy seller won’t milk farmers dry
The Young Witness / Posted 18 hours ago
over the dairy industry – in which Victorian and Tasmanian farmers faced ruin after processors Murray Goulburn and Fonterra recently slashed milk prices within a week of each other – Mr Johnson said some people were happy to pay more out of... Read more
10 related stories
18h
Western Advocate
Dairy seller won’t milk farmers dryover the dairy industry – in which Victorian and Tasmanian farmers faced ruin a
Dairy seller won’t milk farmers dry
Western Advocate / Posted 18 hours ago
over the dairy industry – in which Victorian and Tasmanian farmers faced ruin after processors Murray Goulburn and Fonterra recently slashed milk prices within a week of each other – Mr Johnson said some people were happy to pay more out of... Read more
10 related stories
18h
Kiama Independent
Dairy seller won’t milk farmers dryover the dairy industry – in which Victorian and Tasmanian farmers faced ruin a
Dairy seller won’t milk farmers dry
Kiama Independent / Posted 18 hours ago
over the dairy industry – in which Victorian and Tasmanian farmers faced ruin after processors Murray Goulburn and Fonterra recently slashed milk prices within a week of each other – Mr Johnson said some people were happy to pay more out of... Read more
10 related stories
18h
Manning River Times
Dairy seller won’t milk farmers dryover the dairy industry – in which Victorian and Tasmanian farmers faced ruin a
Dairy seller won’t milk farmers dry
Manning River Times / Posted 18 hours ago
over the dairy industry – in which Victorian and Tasmanian farmers faced ruin after processors Murray Goulburn and Fonterra recently slashed milk prices within a week of each other – Mr Johnson said some people were happy to pay more out of... Read more
10 related stories
18h
Goondiwindi Argus
Dairy seller won’t milk farmers dryover the dairy industry – in which Victorian and Tasmanian farmers faced ruin a
Dairy seller won’t milk farmers dry
Goondiwindi Argus / Posted 18 hours ago
over the dairy industry – in which Victorian and Tasmanian farmers faced ruin after processors Murray Goulburn and Fonterra recently slashed milk prices within a week of each other – Mr Johnson said some people were happy to pay more out of... Read more
10 related stories
18h
The North West Star
Dairy seller won’t milk farmers dryover the dairy industry – in which Victorian and Tasmanian farmers faced ruin a
Dairy seller won’t milk farmers dry
The North West Star / Posted 18 hours ago
over the dairy industry – in which Victorian and Tasmanian farmers faced ruin after processors Murray Goulburn and Fonterra recently slashed milk prices within a week of each other – Mr Johnson said some people were happy to pay more out of... Read more
10 related stories
18h
Daily Liberal
Dairy seller won’t milk farmers dryover the dairy industry – in which Victorian and Tasmanian farmers faced ruin a
Dairy seller won’t milk farmers dry
Daily Liberal / Posted 18 hours ago
over the dairy industry – in which Victorian and Tasmanian farmers faced ruin after processors Murray Goulburn and Fonterra recently slashed milk prices within a week of each other – Mr Johnson said some people were happy to pay more out of... Read more
10 related stories
18h
The Border Mail
Dairy seller won’t milk farmers dryover the dairy industry – in which Victorian and Tasmanian farmers faced ruin a
Dairy seller won’t milk farmers dry
The Border Mail / Posted 18 hours ago
over the dairy industry – in which Victorian and Tasmanian farmers faced ruin after processors Murray Goulburn and Fonterra recently slashed milk prices within a week of each other – Mr Johnson said some people were happy to pay more out of... Read more
10 related stories
18h
Illawarra Mercury
Dairy seller won’t milk farmers dryover the dairy industry – in which Victorian and Tasmanian farmers faced ruin a
Dairy seller won’t milk farmers dry
Illawarra Mercury / Posted 18 hours ago
over the dairy industry – in which Victorian and Tasmanian farmers faced ruin after processors Murray Goulburn and Fonterra recently slashed milk prices within a week of each other – Mr Johnson said some people were happy to pay more out of... Read more
10 related stories
19h
The Courier
Dairy seller won’t milk farmers dryover the dairy industry – in which Victorian and Tasmanian farmers faced ruin a
Dairy seller won’t milk farmers dry
The Courier / Posted 19 hours ago
over the dairy industry – in which Victorian and Tasmanian farmers faced ruin after processors Murray Goulburn and Fonterra recently slashed milk prices within a week of each other – Mr Johnson said some people were happy to pay more out of... Read more
10 related stories
21h
Scoop.co.nz
Feedback sought on dairy industry regulationsthe dairy sector on options including:• Amending the Dairy Industry Restructuri
Feedback sought on dairy industry regulations
Scoop.co.nz / Posted 21 hours ago
the dairy sector on options including:• Amending the Dairy Industry Restructuring Act (Raw Milk) Regulations 2012 so that Fonterra no longer needs to sell milk at a regulated price to large, export-focused processors, and the volumes of regulated... Read more
4 related stories
1d
The Courier Mail
Dairy farmers in crisis as readers show supportout for each other. Some are even telling their children to leave the farm for
Dairy farmers in crisis as readers show support
The Courier Mail / Posted yesterday
out for each other. Some are even telling their children to leave the farm for a different career. The Bechazs, who supply Fonterra, built their 46ha farm from the ground up 12 years ago and in recent years bought two neighbouring properties. But... Read more
1d
The Border Mail
Dairy crisis: Fringe groups milk farmers' protest for their own endsgathered outside Parliament House, one speaker described the country's two majo
Dairy crisis: Fringe groups milk farmers' protest for their own ends
The Border Mail / Posted yesterday
gathered outside Parliament House, one speaker described the country's two major milk processors, Murray Goulburn and Fonterra, as "big bastards" for slashing milk payments to farmers. The speaker, known as "farmer John", called on the... Read more
1d
Herald Sun
Dairy farmers in crisis as readers show supportout for each other. Some are even telling their children to leave the farm for
Dairy farmers in crisis as readers show support
Herald Sun / Posted yesterday
out for each other. Some are even telling their children to leave the farm for a different career. The Bechazs, who supply Fonterra, built their 46ha farm from the ground up 12 years ago and in recent years bought two neighbouring properties. But... Read more
1d
Toowoomba Chronicle
Toowoomba shows we're backing our dairy farmers in crisisdemand on the world market, and also I do think some mismanagement of the two b
Toowoomba shows we're backing our dairy farmers in crisis
Toowoomba Chronicle / Posted yesterday
demand on the world market, and also I do think some mismanagement of the two big milk companies of Murray Goulburn and Fonterra," the fifth-generation producer said. "It hasn't impacted our price directly thus far - we're on set contracts. "I... Read more
2d
The Courier
Dairy price cuts to hit Victorian economy, councils warncould stem from the cuts in milk payments to farmers by the nation's two bigges
Dairy price cuts to hit Victorian economy, councils warn
The Courier / Posted 2 days ago
could stem from the cuts in milk payments to farmers by the nation's two biggest dairy processors, Murray Goulburn and Fonterra, as the impact spills out across regional economies, the councils have warned. Estimates of the total cut in farmer... Read more
2d
The Border Mail
Dairy price cuts to hit Victorian economy, councils warncould stem from the cuts in milk payments to farmers by the nation's two bigges
Dairy price cuts to hit Victorian economy, councils warn
The Border Mail / Posted 2 days ago
could stem from the cuts in milk payments to farmers by the nation's two biggest dairy processors, Murray Goulburn and Fonterra, as the impact spills out across regional economies, the councils have warned. Estimates of the total cut in farmer... Read more
2d
New Zealand's National Business Review
NZ dollar gains as Fed rate hike timing weighed, poll shows Brexit has chanceany fresh pronouncements on the timing of policy moves, he said. The kiwi reco
NZ dollar gains as Fed rate hike timing weighed, poll shows Brexit has chance
New Zealand's National Business Review / Posted 2 days ago
any fresh pronouncements on the timing of policy moves, he said. The kiwi recovered from yesterday's selloff caused by Fonterra Cooperative Group setting the opening milk payout forecast for the coming season below market estimates, stoking... Read more
12 related stories
2d
Scoop.co.nz
Peters: Farmers Must Reject Being National’s DoormatFarmers’ leadership on this and other issues is demonstrable evidence that they
Peters: Farmers Must Reject Being National’s Doormat
Scoop.co.nz / Posted 2 days ago
Farmers’ leadership on this and other issues is demonstrable evidence that they are part of the problem.On the issue of Fonterra’s leadership and its top 19 managers taking home $31 million between them each year, Federated Farmers has been... Read more
2d
Weekly Times
Reinstate milk levy, processor urgesof milk solids to $5.18kg/MS and applied it to milk supplied in April, May and
Reinstate milk levy, processor urges
Weekly Times / Posted 2 days ago
of milk solids to $5.18kg/MS and applied it to milk supplied in April, May and June following cuts by Murray Goulburn and Fonterra. NDP said it supports to the levy initiative from lobby group Farmer Power. It said the money raised would be... Read more
3d
Scoop.co.nz
PwC supports NZ Milk Futures to manage milk price riskcontract essentially replaces, and considerably enhances, the Guaranteed Milk P
PwC supports NZ Milk Futures to manage milk price risk
Scoop.co.nz / Posted 3 days ago
contract essentially replaces, and considerably enhances, the Guaranteed Milk Price (GMP) contract previously offered by Fonterra,” says Roger Kerr, PwC Partner and Treasury Advisor. “While the new futures contract has been expected, it will need... Read more
3d
heraldscotland
Fonterra boss predicts milk prices will gradually improveFONTERRA, the New Zealand co-operative and world's biggest dairy exporter, has
Fonterra boss predicts milk prices will gradually improve
heraldscotland / Posted 3 days ago
FONTERRA, the New Zealand co-operative and world's biggest dairy exporter, has raised its milk price forecast for the coming year by the equivalent of 1.2p to 14.6p per litre (ppl). This year's final price has been set at a miserable 13.4ppl compared... Read more
8 related stories
3d
Sky News Australia
NAB expects dairy farmers to seek creditmillion support package for dairy farmers who have had their prices slashed by
NAB expects dairy farmers to seek credit
Sky News Australia / Posted 3 days ago
million support package for dairy farmers who have had their prices slashed by milk firms Murray Goulburn Co-Operative Co. and Fonterra Co-operative Group Ltd. NAB currently loans $29 billion to the agriculture and health industries (as of March 3... Read more
3d
NZCity
NZ dollar gains as greenback declinesat 5pm on Thursday. The trade-weighted index advanced to 72.66 from 72.31. The
NZ dollar gains as greenback declines
NZCity / Posted 3 days ago
at 5pm on Thursday. The trade-weighted index advanced to 72.66 from 72.31. The kiwi was shunted lower on Thursday after Fonterra raised its opening farmgate milk price for next season by less than expected, stoking concerns about a third season... Read more
12 related stories
3d
New Zealand's National Business Review
Kiwi shunted lower5pm yesterday. The trade-weighted index advanced to 72.66 from 72.31 yesterday.
Kiwi shunted lower
New Zealand's National Business Review / Posted 3 days ago
5pm yesterday. The trade-weighted index advanced to 72.66 from 72.31 yesterday. The kiwi was shunted lower yesterday after Fonterra Cooperative Group raised its opening farmgate milk price for next season by less than expected, stoking concerns... Read more
12 related stories
3d
Otago Daily Times
$4.25 payout 'tough number'Dairy cows head back to pasture after milking, on a property in North Otago. Ph
$4.25 payout 'tough number'
Otago Daily Times / Posted 3 days ago
Dairy cows head back to pasture after milking, on a property in North Otago. Photo by Sally Rae. At $4.25, Fonterra's new season forecast payout yesterday came in well below market expectations, but the dairy giant will bring forward several... Read more
8 related stories
3d
The New Zealand Herald
Last chance to find a back-up No9who has the most to prove. The onus is on him to force his way into the equatio
Last chance to find a back-up No9
The New Zealand Herald / Posted 3 days ago
who has the most to prove. The onus is on him to force his way into the equation. Related ContentJohn Key talks Budget, Fonterra and All BlacksJoe Wheeler's All Blacks picksRugby: Which June test series offers the most? Since Steve Hansen took... Read more
3d
Dallas Morning News
Oil hits 'sweet spot' at $50 a barrel for first time since Novemberto its highest level in six years. The pound was little changed. The kiwi touc
Oil hits 'sweet spot' at $50 a barrel for first time since November
Dallas Morning News / Posted 3 days ago
to its highest level in six years. The pound was little changed. The kiwi touched its weakest level since March after Fonterra Cooperative Group Ltd., the world’s largest dairy exporter and New Zealand’s biggest company, forecast a... Read more
3d
Zero Hedge
Futures Levitation Continues As Brent Rises Above $50 For First Time Since Novemberto its highest level in six years. The pound was little changed. The kiwi touch
Futures Levitation Continues As Brent Rises Above $50 For First Time Since November
Zero Hedge / Posted 3 days ago
to its highest level in six years. The pound was little changed. The kiwi touched its weakest level since March after Fonterra Cooperative Group Ltd., the world’s largest dairy exporter and New Zealand’s biggest company, forecast a... Read more
3d
NZCity
NZD falls as Fonterra forecast disappointsThe New Zealand dollar fell after Fonterra gave a lower-than-expected opening f
NZD falls as Fonterra forecast disappoints
NZCity / Posted 3 days ago
The New Zealand dollar fell after Fonterra gave a lower-than-expected opening forecast for the 2017 milk payout, which it said partly reflected a strong currency, stoking expectations the Reserve Bank will cut interest rates sooner rather than... Read more
12 related stories
3d
The Star
Fonterra expects to pay NZ$4.25 per kilo of milk solids in 2016-17WELLINGTON: Global dairy giant Fonterra Co-operative Group Ltd, expects to pay
Fonterra expects to pay NZ$4.25 per kilo of milk solids in 2016-17
The Star / Posted 3 days ago
WELLINGTON: Global dairy giant Fonterra Co-operative Group Ltd, expects to pay its farmer shareholders more in the coming season, but the increase will offer little relief as the forecast remains below estimated break-even levels. The world's... Read more
8 related stories
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