new zealand
Fonterra’s CFO Marc Rivers to leave the Co-op
Fonterra has announced that its chief financial officer Marc Rivers will be leaving the Co-op at the end of 2022 following its Annual Meeting.
Fonterra, NZX and EEX enter GDT partnership for future growth
Fonterra has agreed a strategic partnership with New Zealand’s Exchange (NZX) and the European Energy Exchange (EEX) to each take ownership stakes in Global Dairy Trade (GDT) alongside the Co-op.
Fonterra revises milk forecast
Fonterra Co-operative Group revised the forecast for its 2021/22 New Zealand milk collections to 1,500 million kilograms of milk solids (kgMS), down from its opening forecast of 1,525 million kgMS.
Fonterra ups farmgate milk price and reports solid start to 2022
Fonterra Co-operative Group lifted its 2021/22 forecast farmgate milk price range, reported a solid start to the 2022 financial year and revised its earnings guidance.
Fonterra and VitaKey partner to enhance dairy’s contribution to health & wellness
Fonterra and VitaKey Inc have announced a transformative dairy science collaboration to further unlock the benefits of Fonterra’s probiotic strains.
UK-New Zealand trade deal a “blow” for British dairy, says Dairy UK
Dr Judith Bryans has spoken out following the announcement of the trade agreement reached with New Zealand.
Grant Watson appointed as Synlait CEO
The board of Synlait in New Zealand has appointed Grant Watson as CEO, joining the Synlait team in January 2022.
Roundup: Ingredients
Here is your roundup for the latest dairy ingredients news.
Fonterra completes reset, announces annual results & long-term growth plan out to 2030
CEO Miles Hurrell says the last three years have been about resetting the business.
Olam Food Ingredients details plans for commissioning of New Zealand dairy processing plant
The new facility in the North Island town of Tokoroa will produce high quality dairy ingredients and support innovation capability.
Roundup: Processing
Here is your roundup of the latest dairy processing news.
Fonterra’s Stirling site announces plans to get out of coal
Fonterra’s Stirling cheese plant in Otago (NZ) will be coal free and using wood biomass to fire the site by August 2022.
Global Dairy Trade shows drop of 3.6%
At the latest Global Dairy Trade event, the overall price index fell by 3.6%, on the back of milk powder prices declining, according to Patty Clayton, dairy analyst for the UK’s AHDB.
Fonterra agrees sale of China JV farms
Fonterra has agreed the sale of its two joint venture farms in China in Shandong province.