The successor to Fonterra chief executive Theo Spierings can look forward to a pay package of about $30 million over six years.
Brody Stapel, president of Edge Dairy Farmer Cooperative, today spoke out about the inclusion of two important farm provisions in the federal omnibus funding bill.
Foremost Farms dairy started construction of its dairy processing plant in Greenville, Michigan. The project expected to generate a total capital investment of $57.9 million and create 33 jobs.
It was a very mixed bag coming out of Fonterra’s interim report.
At the Cooperative’s Annual Meeting today, Dairy Farmers of America (DFA), officials reported net income of $127.4 million for 2017.
(Harrisburg) — More than two dozen midstate dairy farmers are seeking an extension, after their milk contracts were cut short.
Fonterra’s departing chief executive Theo Spierings has been a strong leader, Tararua Federated Farmer’s president Neil Filer says.
New Zealand’s S&P/NZX 50 Index rose to a record led by Synlait Milk, which jumped to an all-time high after posting strong first-half earnings growth. Synlait’s partner A2 Milk Co also gained, along with Kathmandu Holdings and the Fonterra Shareholders’ Fund.
The latest rise in milk prices could line the pockets of lower North Island farmers by $23 million.
New Zealand’s largest company Fonterra is on the hunt for a new boss after chief executive Theo Spierings resigned today amid a dire profit loss for the dairy giant over the past year.