Fonterra names Peter McBride as new chairman
Dairy giant Fonterra has named Peter McBride as its new chairman.
Milk price forecasting ‘tricky’
Rising milk production in the Americas and Europe, the COVID-19 pandemic and a strong NZ dollar are making it difficult for economists to forecast the 2020-21 milk price.
Fonterra's financial woes weigh on the future of its Australian arm
In the vacuum created by the postponement of Fonterra’s financial results by a fortnight, experts have begun to weigh in on its future in Australia.
Angry farmers to face off with NZ Fonterra
Fonterra, the world’s biggest dairy exporter, will face off this month with farmer shareholders angry about the New Zealand company’s ill-fated foreign expansion and resulting poor returns.
Fonterra would be "willing and able" to adjust its milk prices paid to farmers
S&P Global Ratings sees Fonterra’s flexibility over setting the milk price paid to farmers as giving the dairy co-operative a higher debt capacity.
Dairy, a pig of a job
Hold onto your hats folks it could be a wild ride in the dairy industry but without all the fun of the fair.
Yili deal a timely cash injection for Westland farmers – ANZ
Westland Milk Products farmers will bank – on average – $572,000 from the sale of their shares to Inner Mongolia Yili Industrial Group if the deal goes ahead, says ANZ Bank New Zealand.
Big regional benefits seen in Westland sale
The proposed sale of Westland Milk Products would create an injection of about $280 million into the West Coast economy, ANZ agriculture economist Susan Kilsby says.
Speculation over opening forecasts for new dairy season
Speculation is building as opening forecasts for the 2019-20 dairy season are due to be announced over coming weeks.
Butter price hikes could push opening forecast to $7.50
Soaring butter prices may see next season’s milk price go beyond $7/kgMS – even as high as the mid sevens.
