#Fonterra says price gap between dairy products easing

Fonterra Cooperative Group, which posted a 53 percent drop in first-half profit as gains in prices of milk powder ran ahead of products such as casein and cheese, says the gap is becoming less pronounced – a sign that pressure on margins may ease.

Stagnant situation for #dairy

PRICES and long-term demand signals for dairy products have rarely looked so bullish on world markets, but milk producers say they are still being ripped off as farmgate prices linger around levels paid 15 years ago. While a global scramble for milk has triggered unprecedented buyer interest in dairy businesses like Warrnambool Cheese and Butter, […]

Investigations continue into #Fonterra botulism scare

A further investigation of New Zealand’s largest food safety scare is getting under way. In August 2013, dairy co-operative Fonterra announced a worldwide recall of some of its products, after testing revealed 38 tonnes of whey protein, which is used to make infant formula, was potentially contaminated with a botulism-causing bacteria. Further testing showed the […]