Fonterra - Latest News [Page 2]

Fonterra Lifts Its 2020/21 Forecast Farmgate Milk Price Range

Wednesday, 3 February 2021, 9:05 am | Fonterra

Fonterra Co-operative Group Limited today lifted its 2020/21 forecast Farmgate Milk Price range to NZD $6.90 - $7.50 per kgMS, up from NZD $6.70 - $7.30 per kgMS. The midpoint of the range, which farmers are paid off, has increased to NZD $7.20 per ... More >>

Fonterra Joins Forces With DSM To Lower Carbon Footprint

Friday, 29 January 2021, 9:36 am | Fonterra

Fonterra and Royal DSM, a global science-based company active in health, nutrition and sustainable living, are teaming up to work on reducing on-farm greenhouse gas (GHG) emissions in New Zealand. While the organisations have a long-standing working ... More >>

Fonterra, Nestlé And DairyNZ Join Forces To Tackle Nitrogen Leaching

Monday, 14 December 2020, 10:33 am | Fonterra

Fonterra and Nestlé are teaming up with DairyNZ to expand a promising plantain trial to help improve waterways and reduce on-farm greenhouse gas (GHG) emissions. Incorporating certain varieties of plantain into a cow’s diet has been shown to ... More >>

Fonterra’s Latest Sustainability Report Shows Most Encouraging Progress To Date

Tuesday, 3 November 2020, 12:35 pm | Fonterra

Fonterra has achieved its most encouraging sustainability results since starting its annual reporting four years ago, but the Co-op is staying focused on what still needs to be done to reach its long-term targets. “The progress we’ve made this ... More >>

Fonterra Lifts 2020/21 Forecast Farmgate Milk Price

Thursday, 15 October 2020, 8:41 am | Fonterra

Fonterra Co-operative Group Limited today increased the mid-point of its forecast Farmgate Milk Price range to $6.80 per kgMS, up from $6.40 per kgMS, while retaining its current +/-50c per kgMS range. Fonterra CEO Miles Hurrell says the stronger 2020/21 ... More >>

Fonterra Farmers Taking Another Step Towards New Zealand’s Low Emissions Food Production

Monday, 12 October 2020, 10:30 am | Fonterra

They’re hot off the press and intended to help take the heat out of climate change. Fonterra farmers are already among the world’s most sustainable producers of milk and now have an additional tool in their sustainability toolbox. Over the last few ... More >>

Fonterra Sells China Farms

Monday, 5 October 2020, 8:39 am | Fonterra

Fonterra has agreed to sell its China farms for a total of $555 million (RMB 2.5 billion*1), after successfully developing the farms alongside local partners. Inner Mongolia Natural Dairy Co., Ltd, a subsidiary of China Youran Dairy Group Limited ... More >>

Candidates For Fonterra Elections Announced

Friday, 25 September 2020, 5:06 pm | Fonterra

There are six candidates standing for two places on the Fonterra Board in 2020. Brent Goldsack, Cathy Quinn, Mike O’Connor and Nathan Guy were announced on 14 September as the Independently Assessed candidates. Incumbent Director Brent Goldsack ... More >>

Fonterra Announces Its Annual Results And A Return To Paying Dividend

Friday, 18 September 2020, 9:19 am | Fonterra

Fonterra Co-operative Group Limited today announced its annual results, final Farmgate Milk Price of $7.14 per kgMS and a dividend of 5 cents per share for the 2019/20 season, bringing the final cash payout for farmers to $7.19 per kgMS. More >>

Independently Assessed Candidates For Fonterra Board Of Directors’ Election Announced

Monday, 14 September 2020, 5:16 pm | Fonterra

Incumbent Director Brent Goldsack, along with Nathan Guy, Cathy Quinn and Mike O’Connor have been announced as the Independently Assessed Candidates for the 2020 Fonterra Farmer Directors’ election. This year there are two Board positions up for election. ... More >>

Fonterra Targets Community Support Where It’s Needed Most

Monday, 14 September 2020, 11:16 am | Fonterra

Fonterra is taking a new approach to how it provides nutrition to communities, to better reach those most in need across New Zealand. CEO Miles Hurrell says, as a New Zealand farmer owned co-op, with employees spread right across regional New Zealand, ... More >>

Fonterra confirms appointment of Teh-han Chow

Monday, 17 August 2020, 8:56 am | Fonterra

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Fonterra Revises Its 2019/20 And 2020/21 Forecast Farmgate Milk Price Ranges

Friday, 17 July 2020, 8:53 am | Fonterra

Fonterra Co-operative Group Limited today revised both its 2019/20 and 2020/21 forecast Farmgate Milk Price ranges. The 2019/20 forecast Farmgate Milk Price range has narrowed from $7.10 - $7.30 per kgMS to $7.10 - $7.20 per kgMS. The mid-point, off which farmers ... More >>

Fonterra Announces Peter McBride As Chairman-elect

Friday, 26 June 2020, 10:04 am | Fonterra

Fonterra Co-operative Group Limited (FCG) has announced that current Farmer Director, Peter McBride has been selected as the Co-operative’s Chairman-elect by his fellow Directors. Under Fonterra’s constitution, its Chairman is selected by the Board ... More >>

Fonterra To Pay Farmers More For Sustainable, High Value Milk

Tuesday, 23 June 2020, 10:39 am | Fonterra

Fonterra farmers producing sustainable, high quality milk will be eligible for a new payment, as Fonterra announces important changes to the way it pays farmers for their milk. From 1 June 2021, Fonterra is introducing a Co-operative Difference Payment ... More >>

Appointment Of Independent Director To Fonterra Board

Tuesday, 28 April 2020, 8:44 am | Fonterra

Fonterra today announced the appointment of a new Independent Director, Holly Kramer, who will join the Fonterra Board as an Independent Director on 11 May 2020. Ms Kramer is based in New South Wales and has extensive governance, multinational, and retail ... More >>

Fonterra Reports Its Interim Results

Wednesday, 18 March 2020, 12:33 pm | Fonterra

Fonterra Co-operative Group Limited today announced its 2020 Interim Results, which show the Co-operative’s financial performance has improved with increased underlying earnings and reduced debt. More >>

Fonterra Chairman Confirms Retirement In November

Thursday, 5 March 2020, 9:13 am | Fonterra

Fonterra Co-operative Group Limited (FCG) Chairman John Monaghan has confirmed that he will retire as a Director of the Co-operative when his current 3-year term ends at its Annual Meeting this November. In a note to the Co-operative’s farmer-owners ... More >>

Fonterra Reaffirms Forecast Farmgate Milk Price And Earnings Guidance, And Revises Milk Collections

Thursday, 27 February 2020, 2:09 pm | Fonterra

Fonterra Co-operative has reaffirmed its forecast Farmgate Milk Price range at $7.00-7.60 per kgMS and its forecast full-year underlying earnings guidance of 15-25 cents per share. It has also revised its forecast milk collections for the 2020 season down ... More >>

Fonterra’s Te Awamutu site moves to pellet power

Thursday, 30 January 2020, 8:28 am | Fonterra

Fonterra is taking another step forward in its commitment to renewable energy as it announces that its Te Awamutu site will be coal free next season. More >>