#Synlait joins the ‘Good News Club’
Federated Farmers is thrilled that Synlait has increased their forecast milk price of $8 per kilogram of milk solids.
#WRAPUP 2-Fonterra under fire over milk scare; more product recalls
Fonterra, the world’s largest dairy exporter, came under fire from the New Zealand government, farmers and financial regulators for its handling of a food contamination scare that has triggered product recalls and spooked parents from China to Saudi Arabia.
#Currency moves give windfall to dairy sector
The best news for dairy price watchers in Fonterra’s latest Global Dairy Trade auction wasn’t so much the third average price rise in a row, but what the fine print indicated for the market in January, the sales zenith of the New Zealand dairy season.
#Australian farmers lag behind global dairy surge
A surging global milk market is starting to affect the domestic trade, with record new season prices for Australia’s dairy farmers.
#TGD: Federated Farmers Vote in Fonterra Protection
NEW ZEALAND – Federated Farmers has welcomed the 89.51 per cent vote in favour of constitutional safeguards around Trading Among Farmers (TAF).
#Fonterra silent on China govt report
Dairy giant Fonterra will neither confirm or deny a Wall Street Journal report that it is in talks with a Chinese government investment institution eyeing a stake in Fonterra’s new sharemarket-listed shareholders fund.
Farmer bid 'pre-empts Fonterra review'
A bid by Fonterra farmer-shareholders to lock in farmer control of the dairy giant in the new Trading Among Farmers environment is pre-empting the work of a governance and representation review, says director Malcolm Bailey.
#Fonterra Announces Share Initiative
NEW ZEALAND – Fonterra has outlined details of a unique opportunity for the public to participate in the co-operative’s performance with the release of an offer document for the Fonterra Shareholders’ Fund.
#Fonterra leaders urged to slow changes
A reduction in the number of farmer-directors on the board of Fonterra is an option being considered by the dairy giant’s leaders as part of a review of governance and representation.
Things Looking Up for NZ #Dairy Producers
NEW ZEALAND – Dairy farmers are celebrating two pieces of good news. The week started with a six per cent increase in the online dairy auction, GlobalDairyTrade (GDT) and ends with Fonterra Cooperative Group receiving clearance to buy the milk processing assets of New Zealand Dairies (in receivership).