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Fonterra

Deutsche Bank to advise Fonterra on share trading

Wellington, Sept 2 NZPA - Fonterra has appointed First NZ Capital-Credit Suisse and Deutsche Bank-Craigs Investment Partners to advise it on creating two new markets, one to allow farmer-shareholders to trade shares among themselves, and another to allow indirect public investment in the co-opera

NZ dollar climbs on better data

NZ dollar climbs on better data
Wellington, Sept 2 NZPA - The New Zealand dollar climbed further overnight after upbeat data around the world soothed worries about the health of the global economy, boosting investors' appetite for riskier assets.

Fonterra funds 400 Chinese uni students

Fonterra funds 400 Chinese uni students
Wellington, Aug 30 NZPA - Fonterra farmers who wrote off more than $200 million in their ill-fated Chinese joint venture, Sanlu, are set to spend more than $400,000 to help support Chinese university students.

Fonterra set to open offices in Argentina

Fonterra set to open offices in Argentina
Wellington, Aug 27 NZPA - Fonterra says reports out of Buenos Aires that is about to start producing milk in Argentina are not correct, but it will open offices there this year.

Fonterra fends off recession, 'one container at a time'

Fonterra fends off recession, 'one container at a time'
Wellington, Aug 23 NZPA - Fonterra says it has set a new export record, sending 2.1 million tonnes of product to international markets for the first time in its nine-year history.

Fonterra reaffirms forecast, sees signs of life in markets

Fonterra reaffirms forecast, sees signs of life in markets
Wellington, Aug 20 NZPA - Fonterra has reaffirmed that its payout for the 2010/11 season will be between $6.90 and $7.10 per kilogram of milksolids and says its sees signs of potential strengthening of international prices.

Falling dairy prices triggers review of Fonterra payout

Falling dairy prices triggers review of Fonterra payout
Wellington, July 4 NZPA - Fonterra may cut its forecast payout to farmers this season following the fourth consecutive month of lower prices on its internet auctions. The company said today it is reviewing the 2010-201 payout forecast because of falling dairy prices.

NZ link cited for big Indian milk proposal

NZ link cited for big Indian milk proposal
Wellington, July 27 NZPA - A New Zealand company is reportedly in the running for a joint venture setting up dairy farms in India -- the world's biggest milk producer -- with the Indian Farmers Fertiliser Cooperative (Iffco).

A2 votes for deal to buy out Aust partner

A2 votes for  deal to buy out Aust partner
Wellington, July 20 NZPA - A special meeting in Auckland of A2 Corporation Ltd shareholders has approved a deal to buy up the remaining 50 percent stake in Australia's A2 Dairy Products Pty Ltd that it does not already own.

Dairy index drop shows Oceania weakness - economist

Wellington, July 7 NZPA - Today's 13.7 percent drop in the index for Fonterra's internet auctions has shown some weakness in Oceania dairy commodity prices, a bank economist said today.