Fonterra ups farmgate milk price and reports solid start to 2022Fonterra 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. Business & trade
Fonterra completes reset, announces annual results & long-term growth plan out to 2030CEO Miles Hurrell says the last three years have been about resetting the business. Business & trade
Argentine dairy under duressThe financial situation of Argentine dairies has deteriorated in recent months, according to the US Department of Agriculture’s (USDA) Foreign Agricultural Serivce six-month report. Business & trade, Dairy processing, End products
Fonterra’s Hurrell notes improving economiesFonterra CEO Miles Hurrell says that the improving global economic environment and strong demand for dairy are sitting behind the co-op’s $8 (€4.77) midpoint of its 2021/22 forecast farmgate milk price range. Business & trade
AHDB reports on first quarter for UK, global suppliesIn contrast to tightening milk supplies in the EU as a whole, UK milk production has been hitting 20-year highs every month so far this year, according to the UK AHDB. Business & trade, Regulatory