Fonterra's new $6.2 million Cobden cold storage facilities

A shift by consumers to eat more natural foods such as Western Star butter underpinned Fonterra’s decision to build new $6.2 million cold storage facilities at Cobden, Fonterra Cobden plant manager Bruce Manson says. By Everard Himmelreich

Spot butter price hovers near $2

Cash block cheese closed the first Friday of April at $1.46 per pound, down 6 cents, reversing three weeks of gains, but is 4 cents above a year ago. By Lee Mielke.