Fonterra and Nestlé's sale of DPA Brazil faces challenge
The two dairy giants agreed to sell DPA for $210 million.
The two dairy giants agreed to sell DPA for $210 million.
Farm debt has come down but rising costs and a falling milk price are piling pressure on.
The government made a similar move with NZ Steel earlier this year
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Alleged failures during years of PwC audits for dairy giant Fonterra.
Miles Hurrell said the market had some rebalancing of inventory to go through.
A former Fonterra director made the complaint to the Financial Markets Authority in 2019.
Fonterra's "mid-point" forecast of $8/kg will be close to break-even for farmers.
Fonterra says it will be a decade before it will abandon coal altogether.
Rachel Usmar is the DWN's Regional Leader of the Year 2023.
But the ERA has ruled workers can be forced to give their prints.
The co-op will move to a more carbon-friendly heat option.
The smallest average herd sizes are in Northland, Auckland and Taranaki.
Next season's milk price may start with a seven in front of it.
All did not go according to plan and exports were unsuccessful.
Company hits billion-dollar revenue mark for the first time.
The new tech will support Fonterra’s strategy for keeping employees safe.
Some recent trends bring optimism, but unknowns permeate economic outlook.
Inflation, sustainability, R&D and China high on board's menu.
The co-op's chief operating officer is leaving after a three-year stint.
Big exporter needs 200 degree Celsius steam to dry milk into powder.
Dairy logistics boss Fraser Whineray expects headwinds, but China reopening an offset.
The investment allows the factory to produce lactose, a more profitable product.
Fonterra continues to roll out a resilient and sustainable growth strategy.
Fonterra has posted a huge lift in Q1 earnings and has lowered its milk price forecast.
Fonterra is pushing hard for new, emerging products.
Demand for dairy in China has declined over the last year or so.