The Country
  • The Country home
  • Latest news
  • Audio & podcasts
  • Opinion
  • Dairy farming
  • Sheep & beef farming
  • Rural business
  • Rural technology
  • Rural life
  • Listen on iHeart radio

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • Coast & Country News
  • Opinion
  • Dairy farming
  • Sheep & beef farming
  • Horticulture
  • Animal health
  • Rural business
  • Rural technology
  • Rural life

Media

  • Podcasts
  • Video

Weather

  • Kaitaia
  • Whāngarei
  • Dargaville
  • Auckland
  • Thames
  • Tauranga
  • Hamilton
  • Whakatāne
  • Rotorua
  • Tokoroa
  • Te Kuiti
  • Taumurunui
  • Taupō
  • Gisborne
  • New Plymouth
  • Napier
  • Hastings
  • Dannevirke
  • Whanganui
  • Palmerston North
  • Levin
  • Paraparaumu
  • Masterton
  • Wellington
  • Motueka
  • Nelson
  • Blenheim
  • Westport
  • Reefton
  • Kaikōura
  • Greymouth
  • Hokitika
  • Christchurch
  • Ashburton
  • Timaru
  • Wānaka
  • Oamaru
  • Queenstown
  • Dunedin
  • Gore
  • Invercargill

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / The Country

Fonterra eyes India and South America

Bloomberg
5 Apr, 2011 05:30 PMQuick Read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

Fonterra chief executive Andrew Ferrier. Photo / Dean Purcell

Fonterra chief executive Andrew Ferrier. Photo / Dean Purcell

Fonterra may develop farms in South America and India to meet rising demand.

Chief executive Andrew Ferrier said at a conference in Rotorua yesterday that the company may also add multiple farms to its existing Chinese business.

Fonterra wants to expand its business as rising incomes and growing populations in
Asia and other emerging markets fuel demand.

Whole-milk powder reached a record $4958 a metric tonne last month.

"All are markets that we see demand for safe, fresh, local milk will increase very substantially over the next 10 years," Ferrier said. "We'll be selling them New Zealand milk with local milk."

The company agreed in October to develop a dairy farm in China's Hebei province to expand local milk production. Its existing Tangshan farm has doubled to more than 6000 cows since it opened in 2007 and produces about 25 million litres of milk for local consumption.

Demand for imported milk products from India will also expand, Ferrier said.

"India is basically self-sufficient today but the projections are their growth will go faster than their ability to grow domestic production."

- BLOOMBERG

Discover more

Agribusiness

Dairy prices rise 6pc in Fonterra auction

01 Mar 06:45 PM
Business

Fonterra confirms it is on track for record payout

22 Mar 11:45 PM
Business

$10b dairy payout on the cards

23 Mar 04:30 PM
Business

Milk analysis may scrutinise supermarkets

30 Mar 06:07 AM
Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.
Save

    Share this article

Latest from The Country

Premium
Opinion

Thomas Coughlan: Govt mulls dramatic local government reform, slashing councils

04 Jul 05:00 PM
The Country

‘Huge growth potential’: Willis on wool challenges during visit to NZ’s biggest scourer

04 Jul 05:00 PM
The Country

'Sassy' success: Climate-resilient apple's exports set to double

04 Jul 05:00 PM

There’s more to Hawai‘i than beaches and buffets – here’s how to see it differently

sponsored
Advertisement
Advertise with NZME.

Latest from The Country

Premium
Thomas Coughlan: Govt mulls dramatic local government reform, slashing councils

Thomas Coughlan: Govt mulls dramatic local government reform, slashing councils

04 Jul 05:00 PM

News of merging ministries was just the tip of the iceberg.

‘Huge growth potential’: Willis on wool challenges during visit to NZ’s biggest scourer

‘Huge growth potential’: Willis on wool challenges during visit to NZ’s biggest scourer

04 Jul 05:00 PM
'Sassy' success: Climate-resilient apple's exports set to double

'Sassy' success: Climate-resilient apple's exports set to double

04 Jul 05:00 PM
Premium
Ex-TV host Matt Chisholm's bold new career; 'Hugely unpopular' - battle royale brews inside Stuff

Ex-TV host Matt Chisholm's bold new career; 'Hugely unpopular' - battle royale brews inside Stuff

04 Jul 10:13 AM
From early mornings to easy living
sponsored

From early mornings to easy living

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP