Fonterra strategy gaining traction – top exec

Fonterra’s strategy of shifting more milk, quicker, into the value-added side of the business is gaining momentum after getting off to a slow start, according to one of the co-operative’s top executives. By Jamie Gray

Consumers turn away from cheap milk

Consumers are continuing to back dairy farmers and snub the big supermarkets and their $1-a-litre discount milk strategy, with sales of supermarket private-label fresh milk plunging in the past six months. By SUE NEALES,