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Fonterra

Govt says won't reconsider raw milk rules until March

Govt says won't reconsider raw milk rules until March
Wellington, Oct 13 NZPA - Agriculture Minister David Carter says he will not review the raw milk regulations -- governing Fonterra and the extent to which it supplied rival processors -- until March next year.

Fonterra confirms big venture in biggest milk market

Fonterra confirms big venture in biggest milk market
Wellington, Oct 4 NZPA - The world's biggest farmers' co-operative, Indian Farmers Fertiliser Cooperative (Iffco), says it will set up a set up a huge dairy farming venture with Fonterra to produce milk for premium customers.

Fonterra says 6pc of its shares are now 'dry'

Fonterra says 6pc of its shares are now 'dry'
Wellington, Oct 1 NZPA - Fonterra's farmer-shareholders have applied for $61 million of additional Fonterra shares this season, lifting the total number of "dry" shares to 6 percent of shares on issue - further strengthening the Co-operative's balance sheet.

High 2010 payout will be bettered next year - Fonterra

High 2010 payout will be bettered next year - Fonterra
Wellington, Sept 23 NZPA - Fonterra Co-operative Group Ltd has boosted farmer confidence by holding to plans for a bonanza payout for the current 2011 dairy season of $7/kg-$7.10/kg, representing a $9 billion shot in the arm for the economy and cheques of over $800,000 for the average farmer, wit

Farmers coping with shivers, shakes and rain - Fonterra

Farmers coping with shivers, shakes and rain - Fonterra
Wellington, Sept 23 NZPA - September has been difficult for dairy farmers trying to build up their milkflows to peak production next month, says Fonterra chairman Sir Henry van der Heyden. "I must say, September has been very, very trying, on-farm," he said.

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.

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