"> Fonterra Australia milk collection drops by 12 per cent - eDairyNews-EN
Fonterra Australia has recorded a drop of 12 per cent in milk collection, according to the 2019-20 financial results of its New Zealand counterpart.
Share on twitter
Share on facebook
Share on linkedin
Share on whatsapp
Share on email
Fonterra's Stanhope site has helped Fonterra Australian Ingredients channel increase its gross profit and also helped reduce the company's overall water use.

The drop in milk collection to 107.8 kg of milk solids was caused by a combination of drought, high on-farm input costs and a highly competitive milk supply market.

Sales volumes for Australian Ingredients, the ingredients channel within Fonterra Australia, also declined by 18 per cent, due to the drop in milk collection.

It wasn’t all bad news, with the ingredients channel’s gross profit increasing from $10 million to $31 million due to reduced costs as a result of closing the Dennington site, better utilisation of the Stanhope site and allocating more milk to higher returning cheddar and mozzarella products rather than the lower returning liquid and whole milk powder products.

The Stanhope site was also leading the way in the company’s attempts to reduce water use by 30 per cent.

“This year we reduced water use at our sites, in water constrained regions, by 6.4 per cent, which is a 3.1 per cent reduction against our 2018 baseline and a significant step towards our 30 per cent reduction target by 2030,” the report said.

“Our Stanhope site delivered most of the improvement, installing new treatment infrastructure which has significantly reduced the water it uses.

A dairy checkoff group says holiday demand for butter is strong this year. Suzanne Fanning with Dairy Farmers of Wisconsin tells Brownfield sales have not fallen since the start of the pandemic.

You may be interested in

Deja una respuesta

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *

To comment or reply you must 

or

Related
notes

Cerrar
*
*
Cerrar
Registre una cuenta
Detalhes Da Conta
*
*
*
*
*
Fuerza de contraseña

SUBSCRIBE TO OUR NEWSLETTER