Fonterra

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57m
New Zealand's National Business Review
Chinese takeaways: The big risk is taking this seriously; Shares’ rout will speed capital flight; Move along, nothing to seeIn NBR Print today: NBR journalists and columnists examine what happened in the
Chinese takeaways: The big risk is taking this seriously; Shares’ rout will speed capital flight; Move along, nothing to see
New Zealand's National Business Review / Posted 57 minutes ago
In NBR Print today: NBR journalists and columnists examine what happened in the Chinese and other global sharemarkets this week. Kicking off our coverage was Tim Hunter, who wrote that this week’s sharemarket rout had brought forth expressions of... Read more
59m
Otago Daily Times
Landcorp profit drops $25 million after dairy woesRecord low dairy prices have contributed to a more than $25 million profit plun
Landcorp profit drops $25 million after dairy woes
Otago Daily Times / Posted 59 minutes ago
Record low dairy prices have contributed to a more than $25 million profit plunge for New Zealand's largest corporate farming operation. Landcorp has posted a net operating profit of $4.9 million for the year to June, down 84% on last year's $30... Read more
4 related stories
1h
The New Zealand Herald
Big Read: Why hasn't Fonterra worked?Created in 2001, Fonterra was heralded as a 'breakthrough idea' meant to help N
Big Read: Why hasn't Fonterra worked?
The New Zealand Herald / Posted an hour ago
Created in 2001, Fonterra was heralded as a 'breakthrough idea' meant to help New Zealand 'catch the knowledge wave'. 14 years on, there's been no economic transformation, writes Tony Baldwin. Fonterra is confined to segments of business that... Read more
16h
Sydney Morning Herald
Bega Cheese mulls non-dairy acquisitions as global milk rout curdles profitBega is betting on packaged cheese to boost its sales. Photo: Supplied Bega Ch
Bega Cheese mulls non-dairy acquisitions as global milk rout curdles profit
Sydney Morning Herald / Posted 16 hours ago
Bega is betting on packaged cheese to boost its sales. Photo: Supplied Bega Cheese is toying with non-dairy acquisitions as Australian milk processors increasingly shift their focus away from commodity products. Bega executive chairman Barry Irvin... Read more
12 related stories
19h
New Zealand's National Business Review
UPDATE: F&P Healthcare on target to reach $1b operating earnings in next 3 yearsUPDATED: Fisher & Paykel Healthcare [NZX: FPH] chairman Tony Carter says the me
UPDATE: F&P Healthcare on target to reach $1b operating earnings in next 3 years
New Zealand's National Business Review / Posted 19 hours ago
UPDATED: Fisher & Paykel Healthcare [NZX: FPH] chairman Tony Carter says the medical device manufacturer is on target to hit $1 billion in operating earnings within the next three years. Carter told shareholders at their annual meeting in Auckland... Read more
21h
The New Zealand Herald
Fonterra focuses on relationshipsLisa Payne says Fonterra is also investigating the possibility of setting up a
Fonterra focuses on relationships
The New Zealand Herald / Posted 21 hours ago
Lisa Payne says Fonterra is also investigating the possibility of setting up a mentor programme. Photo / Supplied Fonterra is reconnecting with Bay of Plenty dairy farmers in a bid to push some senior decision-making out of Auckland. Seven regions... Read more
22h
The New Zealand Herald
First signs of shift from dairySome Northland farmers are reported to be considering selling dairy cattle Som
First signs of shift from dairy
The New Zealand Herald / Posted 22 hours ago
Some Northland farmers are reported to be considering selling dairy cattle Some Northland farmers are switching from dairy to beef in response to the economic situation, according to the Real Estate Institute of New Zealand (REINZ). The move was... Read more
22h
NZCity
Landcorp profit cut as dairy prices fallThe sharp drop in global dairy prices has cut into Landcorp's profits, which ar
Landcorp profit cut as dairy prices fall
NZCity / Posted 22 hours ago
The sharp drop in global dairy prices has cut into Landcorp's profits, which are down almost 85 per cent. The state-owned farmer has posted a net operating profit of $4.9 million for the year ended June 30, down from the $30m result the previous... Read more
4 related stories
23h
New Zealand's National Business Review
Sustainable Business Council appoints new chairThe Sustainable Business Council will focus on continuing to lead economic, soc
Sustainable Business Council appoints new chair
New Zealand's National Business Review / Posted 23 hours ago
The Sustainable Business Council will focus on continuing to lead economic, social and environmental sustainability under the organisation’s new Chair, Alistair Davis - Chief Executive of Toyota New Zealand. The Sustainable Business Council is an... Read more
1d
Scoop.co.nz
Restructuring rise drives contracting demandThursday, 27 August 2015, 11:03 amPress Release: Wright CommunicationsChanges a
Restructuring rise drives contracting demand
Scoop.co.nz / Posted yesterday
Thursday, 27 August 2015, 11:03 amPress Release: Wright CommunicationsChanges at Fonterra are in the spotlight but many other Kiwi corporates are quietly... Read more
1d
New Zealand's National Business Review
Landcorp posts 84% decline in annual profit; comfortable with debt levelsLandcorp Farming posted an 84% decline in annual profit as lower milk and lamb
Landcorp posts 84% decline in annual profit; comfortable with debt levels
New Zealand's National Business Review / Posted yesterday
Landcorp Farming posted an 84% decline in annual profit as lower milk and lamb prices crimp revenue. Net profit fell to $4.9 million in the 12 months ended June 30, from $30 million the year earlier, the Wellington-based state-owned company and New... Read more
4 related stories
1d
Scoop.co.nz
‘Power Play’ Innovation in Dairy AwardsThursday, 27 August 2015, 10:02 amPress Release: NZ Dairy Industry Awards 27 Au
‘Power Play’ Innovation in Dairy Awards
Scoop.co.nz / Posted yesterday
Thursday, 27 August 2015, 10:02 amPress Release: NZ Dairy Industry Awards 27 August 2015Entrants in the 2016 Dairy Manager of the Year contest will play to their strengths... Read more
1d
Scoop.co.nz
Landcorp posts 2014/15 annual resultsThursday, 27 August 2015, 10:00 amPress Release: Landcorp August 27, 2015MEDIA
Landcorp posts 2014/15 annual results
Scoop.co.nz / Posted yesterday
Thursday, 27 August 2015, 10:00 amPress Release: Landcorp August 27, 2015MEDIA RELEASELandcorp has recorded a net operating profit of $4.9 million on revenue of $224.3 million... Read more
4 related stories
1d
The New Zealand Herald
Landcorp profits plunge 84pcLandorp says its result is solid given the context of the wider slump in the ag
Landcorp profits plunge 84pc
The New Zealand Herald / Posted yesterday
Landorp says its result is solid given the context of the wider slump in the agricultural sector. Photo / Alan Gibson State-owned farmer Landcorp said its net profit fell by 84 per cent to $4.9 million in the year to June 30, due mostly due to lower... Read more
4 related stories
1d
The New Zealand Herald
Fonterra: Surf fun leads to safety - FonterraResearch from 2010 showed that 80 per cent of New Zealand children could not sw
Fonterra: Surf fun leads to safety - Fonterra
The New Zealand Herald / Posted yesterday
Research from 2010 showed that 80 per cent of New Zealand children could not swim well enough to save themselves in the water. Half of all 10-year-old kids couldn't swim 25 metres, according to that research; a quarter couldn't even stay afloat... Read more
2d
Weekly Times
Milk price uncertainty remains despite GlobalDairyTrade recoveryFONTERRA has maintained its milk price step-down warning, despite dairy auction
Milk price uncertainty remains despite GlobalDairyTrade recovery
Weekly Times / Posted 2 days ago
FONTERRA has maintained its milk price step-down warning, despite dairy auction prices rising for the first time in five months. The global milk giant told its Australian suppliers earlier this month they “need to be prepared for the possibility of... Read more
2d
NZCity
$200m wiped from Fonterra's Chinese forayBeingmate Baby & Child Food Co shares have fallen to their lowest since Februar
$200m wiped from Fonterra's Chinese foray
NZCity / Posted 2 days ago
Beingmate Baby & Child Food Co shares have fallen to their lowest since February 2013, after being caught up in the global sharemarket rout, slicing more than $200 million from Fonterra's investment in the Hanzhou-based infant formula maker. The... Read more
2d
New Zealand's National Business Review
Beingmate shares drop to two and a half year low in Chinese stock routBeingmate Baby & Child Food Co shares fell to their lowest since February 2013,
Beingmate shares drop to two and a half year low in Chinese stock rout
New Zealand's National Business Review / Posted 2 days ago
Beingmate Baby & Child Food Co shares fell to their lowest since February 2013, after being caught up in the global sharemarket rout, which has dented Chinese equity markets, slicing more than $200 million from Fonterra Cooperative Group's [NZX: FCG]... Read more
2d
New Zealand's National Business Review
Whole milk powder futures decline amid global equity slumpNew Zealand whole milk powder futures declined, paring their earlier gains, aft
Whole milk powder futures decline amid global equity slump
New Zealand's National Business Review / Posted 2 days ago
New Zealand whole milk powder futures declined, paring their earlier gains, after concerns about slower growth in China pushed down global equity markets. September futures slipped $US50 a tonne to $US2110, and contracts from October through May... Read more
2 related stories
3d
The New Zealand Herald
Dairy most volatile of commoditiesMilk had a 50 per cent historical volatility over a 50-day average compared wit
Dairy most volatile of commodities
The New Zealand Herald / Posted 3 days ago
Milk had a 50 per cent historical volatility over a 50-day average compared with 30 per cent for corn and wheat. Photo / Mark Mitchell The international dairy trade has become the most volatile of all commodities markets. The GlobalDairyTrade... Read more
2 related stories
3d
AllAfrica.com
New Company Invests $10m to Package Anchor MilkA new partnership was formed to introduce the well-known brand Partnership bet
New Company Invests $10m to Package Anchor Milk
AllAfrica.com / Posted 3 days ago
A new partnership was formed to introduce the well-known brand Partnership between Faffa Foods of Ethiopia and New Zealand dairy giant Frontera will introduce processing and packing the latter's Anchor brand of powdered milk in Ethiopia starting in... Read more
3d
Belfast Telegraph
Trevor Lockhart: 'Global forces have sparked a collapse in local milk prices' The Big Interview Farming plea: Trevor Lockhart, the chief executive of Fane
Trevor Lockhart: 'Global forces have sparked a collapse in local milk prices'
Belfast Telegraph / Posted 3 days ago
The Big Interview Farming plea: Trevor Lockhart, the chief executive of Fane Valley Chris McCullough talks to the chief executive of Fane Valley about what can be done... Read more
3d
Scoop.co.nz
First Recycling Solution for Yoghurt PouchesMonday, 24 August 2015, 1:06 pmPress Release: Fonterra Brands NZ 24 August 2015
First Recycling Solution for Yoghurt Pouches
Scoop.co.nz / Posted 3 days ago
Monday, 24 August 2015, 1:06 pmPress Release: Fonterra Brands NZ 24 August 2015Fonterra Brands New Zealand Launches New Zealand’s Fonterra Brands New Zealand... Read more
4d
Herald Sun
Finance news you need to know todayHERE are six things making news in business and finance around the world today.
Finance news you need to know today
Herald Sun / Posted 4 days ago
HERE are six things making news in business and finance around the world today. 1. SYDNEY — The Australian dollar has edged lower as concerns over Chinese sharemarkets and fresh Greek eurozone exit talk emerged. At 0630 AEST on Monday, the currency... Read more
23 related stories
4d
The New Zealand Herald
Take it from an expert, nobody knows that muchI'd be happy just to understand myself a bit better. Socrates knew that knowin
Take it from an expert, nobody knows that much
The New Zealand Herald / Posted 4 days ago
I'd be happy just to understand myself a bit better. Socrates knew that knowing nothing was actually true wisdom. Photo / Creative Commons You can't be an expert on everything. Or actually anything. When I was a financial reporter I knew a little... Read more
4d
Perth Now
Finance news you need to know todayHERE are six things making news in business and finance around the world today.
Finance news you need to know today
Perth Now / Posted 4 days ago
HERE are six things making news in business and finance around the world today. 1. SYDNEY — The Australian dollar has edged lower as concerns over Chinese sharemarkets and fresh Greek eurozone exit talk emerged. At 0630 AEST on Monday, the currency... Read more
23 related stories
4d
The Courier Mail
Finance news you need to know todayHERE are six things making news in business and finance around the world today.
Finance news you need to know today
The Courier Mail / Posted 4 days ago
HERE are six things making news in business and finance around the world today. 1. SYDNEY — The Australian dollar has edged lower as concerns over Chinese sharemarkets and fresh Greek eurozone exit talk emerged. At 0630 AEST on Monday, the currency... Read more
23 related stories
4d
New Zealand's National Business Review
Port of Tauranga ties up 97% of North Island dairy exports after Coda dealPort of Tauranga [NZX: POT], New Zealand's biggest port by volume, now handles
Port of Tauranga ties up 97% of North Island dairy exports after Coda deal
New Zealand's National Business Review / Posted 4 days ago
Port of Tauranga [NZX: POT], New Zealand's biggest port by volume, now handles almost all of the North Island's dairy exports following its Coda joint venture with Kotahi, the logistics company owned by Fonterra Cooperative Group and Silver Fern... Read more
4d
NZCity
Joint venture pays off for Tauranga portPort of Tauranga now handles almost all of the North Island's dairy exports fol
Joint venture pays off for Tauranga port
NZCity / Posted 4 days ago
Port of Tauranga now handles almost all of the North Island's dairy exports following its Coda joint venture with Kotahi, the logistics company owned by Fonterra and Silver Fern Farms. Kotahi combined its Dairy Transport Logistics business with... Read more
4d
Otago Daily Times
Cool headsTime is short but it is still possible to avoid a climate crisis, according to
Cool heads
Otago Daily Times / Posted 4 days ago
Time is short but it is still possible to avoid a climate crisis, according to two new books, one each from either side of the Tasman. Tom McKinlay reports. There's a crisis in Professor Tim Flannery's house. It sounds like it might have something... Read more
4d
Farming Life
Upturn in GDT auction resultThis week saw a 14.8% increase in the prices paid at the Fonterra Global Dairy
Upturn in GDT auction result
Farming Life / Posted 4 days ago
This week saw a 14.8% increase in the prices paid at the Fonterra Global Dairy Trade (GDT) auction. Commenting on the result, Danske Bank’s Head of Agricultural Relations John Henning said that one swallow does not make a summer. “However, I... Read more
4d
NZCity
New steps to improve rural mental healthAn initiative to tackle mental health issues in rural communities is being high
New steps to improve rural mental health
NZCity / Posted 4 days ago
An initiative to tackle mental health issues in rural communities is being highlighted by the ministers overseeing it. Health Minister Jonathan Coleman and Primary Industries Minister Nathan Guy on Sunday announced increased training for rural... Read more
3 related stories
5d
Daily Telegraph
Lloyds throws £500m lifeline to Britain's struggling farmersThe dairy industry has been hit especially hard following a slowdown in demand
Lloyds throws £500m lifeline to Britain's struggling farmers
Daily Telegraph / Posted 5 days ago
The dairy industry has been hit especially hard following a slowdown in demand for exports and a price war among Britain’s supermarkets. At an average of 23.66p per litre of milk delivered British farmers are receiving a price 25pc below the rate... Read more
5d
iol.co.za
Exporters toast China’s taste for pizzaREUTERSA baker picks bread at an Umassif Bakery in Beijing. Euromonitor Interna
Exporters toast China’s taste for pizza
iol.co.za / Posted 5 days ago
REUTERSA baker picks bread at an Umassif Bakery in Beijing. Euromonitor International expects the China cheese market to jump 23 percent to 3.5 billion yuan this year. Picture: Jason Lee Beijing - At the upmarket Black Swan bakery in Beijing, where... Read more
6d
The New Zealand Herald
Rich-lister: Women the secret to success - ManagementDiane Foreman's book plots her path from a struggling solo mum to multi-million
Rich-lister: Women the secret to success - Management
The New Zealand Herald / Posted 6 days ago
Diane Foreman's book plots her path from a struggling solo mum to multi-millionaire. Photo / Nick Reed From solo mum to multi-millionaire. One of New Zealand's most successful businesswomen, Diane Foreman, has written a book about getting to the... Read more
6d
The New Zealand Herald
Rich-lister: Women the secret to successDiane Foreman's book plots her path from a struggling solo mum to multi-million
Rich-lister: Women the secret to success
The New Zealand Herald / Posted 6 days ago
Diane Foreman's book plots her path from a struggling solo mum to multi-millionaire. Photo / Nick Reed From solo mum to multi-millionaire. One of New Zealand's most successful businesswomen, Diane Foreman, has written a book about getting to the... Read more
6d
Scoop.co.nz
Fisher & Paykel Healthcare wins Supreme AwardFriday, 21 August 2015, 5:26 pmPress Release: AmCham Awards at 2015 American Ch
Fisher & Paykel Healthcare wins Supreme Award
Scoop.co.nz / Posted 6 days ago
Friday, 21 August 2015, 5:26 pmPress Release: AmCham Awards at 2015 American Chamber of Commerce DHL Express Success & Innovation AwardsAmCham celebrates 50... Read more
6d
New Zealand's National Business Review
Credit card spending in July posts biggest annual gain since January 2008New Zealand spending on credit cards rose for a seventh month in July, posting
Credit card spending in July posts biggest annual gain since January 2008
New Zealand's National Business Review / Posted 6 days ago
New Zealand spending on credit cards rose for a seventh month in July, posting its biggest annual gain since January 2008, before the global financial crisis set in and eroded households' appetite to take on debt. Total billings in New Zealand... Read more
6d
The New Zealand Herald
The Executive Club: Getting a handle on leadership changesColleen Rigby says there's a need to build leadership capability in the region
The Executive Club: Getting a handle on leadership changes
The New Zealand Herald / Posted 6 days ago
Colleen Rigby says there's a need to build leadership capability in the region particularly for growing businesses whose managers may not have the right abilities for an expanded role. The University of Waikato's postgraduate programmes are meeting... Read more
6d
The New Zealand Herald
Bank: Risk of recession has increasedIs New Zealand heading to recession? Slumping confidence and low dairy prices a
Bank: Risk of recession has increased
The New Zealand Herald / Posted 6 days ago
Is New Zealand heading to recession? Slumping confidence and low dairy prices are hurting, but immigration is at a record high and tourism is booming. Photo/Chris Gorman. Investment bank First NZ Capital says there is a 25 to 30 per cent risk of New... Read more
2 related stories
7d
New Zealand's National Business Review
NZX named preferred supplier by Electricity Authority[NZX], the stock market operator, has been named preferred supplier by Electric
NZX named preferred supplier by Electricity Authority
New Zealand's National Business Review / Posted 7 days ago
[NZX], the stock market operator, has been named preferred supplier by Electricity Authority to continue managing all its market operations, including pricing, clearing and wholesale information. The eight-year contracts to be the authority's... Read more
7d
Channel NewsAsia
More cheese, please! Exporters toast China's taste for pizza and cakesBEIJING/WELLINGTON: At the upmarket Black Swan bakery in Beijing, where well-he
More cheese, please! Exporters toast China's taste for pizza and cakes
Channel NewsAsia / Posted 7 days ago
BEIJING/WELLINGTON: At the upmarket Black Swan bakery in Beijing, where well-heeled customers browse rooms of glass cases displaying elaborate layered western-style cakes, Jin Yuchen is buying a birthday cake for his mother. Jin is one of a rapidly... Read more
7d
New Zealand's National Business Review
MediaWorks’ awful year, How to solve Landcorp’s problem, Time for Fonterra to split?In NBR Print today: Almost exactly a year ago, ex-NZX boss Mark Weldon was appo
MediaWorks’ awful year, How to solve Landcorp’s problem, Time for Fonterra to split?
New Zealand's National Business Review / Posted 7 days ago
In NBR Print today: Almost exactly a year ago, ex-NZX boss Mark Weldon was appointed MediaWorks’ group chief executive. He was handed a company that had bootstrapped back into the black after being placed in receivership 12 months before. Mr Weldon... Read more
7d
Scoop.co.nz
NZ Food Awards unveils the cream of the crop Friday, 21 August 2015, 9:18 amPress Release: Acumen Republic 21 August 2015 i
NZ Food Awards unveils the cream of the crop
Scoop.co.nz / Posted 7 days ago
Friday, 21 August 2015, 9:18 amPress Release: Acumen Republic 21 August 2015 in New Zealand’s food industryThe top performers in New Zealand’s food industry have... Read more
7d
The New Zealand Herald
Port feels commodity chill Rise in container business offsets fall in log trade Port of Tauranga chief e
Port feels commodity chill
The New Zealand Herald / Posted 7 days ago
Rise in container business offsets fall in log trade Port of Tauranga chief executive Mark Cairns says the company has diversified during the last decade. Photo / NZME. Port of Tauranga felt the chill wind of a... Read more
7d
The New Zealand Herald
Western China ripe for business opportunitiesFar beyond the big cities, growth in China's west is creating opportunities for
Western China ripe for business opportunities
The New Zealand Herald / Posted 7 days ago
Far beyond the big cities, growth in China's west is creating opportunities for New Zealand companies. Government investment and policies are helping the sparsely-populated western regions achieve growth. Photo / iStock Abulaiti Aijinmaiti shrugs... Read more
7d
Business Spectator
NZ may be headed for recession: CSNew Zealand may be heading for a recession. That's the verdict from Credit Sui
NZ may be headed for recession: CS
Business Spectator / Posted 7 days ago
New Zealand may be heading for a recession. That's the verdict from Credit Suisse analyst Chris Green, who said crashing dairy prices and shaky Chinese economic growth have pushed the country close to a recession. "There is an increasing risk that... Read more
2 related stories
7d
The Courier Mail
NZ may be headed for recession: CSNew Zealand may be heading for a recession. That's the verdict from Credit Sui
NZ may be headed for recession: CS
The Courier Mail / Posted 7 days ago
New Zealand may be heading for a recession. That's the verdict from Credit Suisse analyst Chris Green, who said crashing dairy prices and shaky Chinese economic growth have pushed the country close to a recession. "There is an increasing risk that... Read more
2 related stories
7d
The New Zealand Herald
Organic farmer urges others to switchAlistair Crawford believes organic farming is naturally better for soil, animal
Organic farmer urges others to switch
The New Zealand Herald / Posted 7 days ago
Alistair Crawford believes organic farming is naturally better for soil, animal and human health - and pays better - than conventional farming with high chemicals input. Photo / Mike Barrington Kaipara organic dairy farmer Alistair Crawford is... Read more
7d
The New Zealand Herald
Dannevirke: New milk powder plant relieves pressureSome of the team at the new milk powder plant. The first milk from the distric
Dannevirke: New milk powder plant relieves pressure
The New Zealand Herald / Posted 7 days ago
Some of the team at the new milk powder plant. The first milk from the district's dairy farmers has begun flowing through the new $235 million high-efficiency milk powder plant at Mangamutu on the outskirts of Pahiatua. Wholemilk powder from the... Read more
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