#Analysts fret over Fonterra

Analysts mining Fonterra’s 2013 annual result tomorrow will have the botulism scare and profit volatility on their minds, but farmers enjoying their best milk production in years are unlikely to dwell on negatives.

#Fonterra plans second China hub

Fonterra will open a second farming hub in China with the facilities to farm 15,000 cows as the country’s demand for fresh milk grows.

#Russia lifts Fonterra product ban

Russia has reportedly lifted its ban on Fonterra’s dairy products, now that it has been shown the botulism bacteria incident was a false alarm. However, Fonterra says it has not been officially notified that the ban has ended. Russian media has reported that the country’s consumer rights watchdog has posted a statement on its website […]

#Farmers waiting for Fonterra board report

The Fonterra Shareholders Council says while the company’s operational review is a start, farmers are waiting for the board level report into the false-alarm botulism incident.

#Fonterra Seeks to Bolster Confidence After Botulism Scare

New Zealand’s Fonterra Cooperative Group Ltd, the world’s biggest dairy exporter, will appoint a food safety director and strengthen product recall systems after a contamination scare dented the company’s reputation in China.