New Zealand
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Fonterra reduces farmgate milk prices due to decline in demand
NEW ZEALAND – New Zealand-based global dairy nutrition cooperative, Fonterra, has narrowed down its farmgate milk price range to NZ$8.10-$8.30 kgMS from NZ$8.00-$8.60 kgMS with a midpoint…
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New Zealand honey producers lose fight with Australia over trademarking Manuka honey
NEW ZEALAND – Honey producers in New Zealand have lost the fight to trademark their honey using the term manuka with Australian producers. Manuka refers…
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Fonterra half-year profits jump 50% jump despite poor performance in Asia
NEW ZEALAND – Fonterra, a New Zealand multinational publicly traded dairy co-operative has reported an impressive 50% jump in half-year profits after tax despite. According…
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Nestlé and Fonterra forge 10-year farm emission reduction alliance in New Zealand
NEW ZEALAND – Nestlé and Fonterra have partnered to reduce New Zealand’s dairy farm emissions by 30% by mid-2027 and achieve net zero emissions in…
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Fonterra divests Chile dairy assets to Peru’s Gloria to focus on New Zealand milk
NEW ZEALAND – Multinational dairy cooperative Fonterra divested its Chile dairy assets to Peru’s Gloria Foods in several transactions totaling around CLP 591.07 billion (US$641.4…