NZ shares fall on #Fonterra provision

New Zealand shares fell further from near a record high as Fonterra Cooperative Group flagged a provision against inventories, while Kiwi Income Property Trust rose after announcing the price to buy back its management contract.

#Fonterra on track in China – Theo Spierings

Fonterra chief executive Theo Spierings says the roll-out of the dairy co-op’s infant formula brand in China is «on track» despite the ongoing fallout from the company’s botulism fiasco.

#Um dia dedicado à produção do leite

  Caravanas de diversos municípios das redondezas de Pelotas ocuparam espaços importantes durante todo o dia desta última terça-feira, 5, na Estação Experimental Terras Baixas, no Capão do Leão/RS.

Fonterra #cheese loss

Dairy giant Fonterra is writing off $157 million from the value of its stock as it sells cheese and casein at a loss because of high milk prices.