
Fonterra hikes milk price payout - $500m extra for farmers
Fonterra has announced it is increasing its forecast milk price payout by 40 cents, to $6.10 per kg.
Fonterra has announced it is increasing its forecast milk price payout by 40 cents, to $6.10 per kg.
Fran O'Sullivan notes a contradiction emerging in the utterings of Fonterra on the one hand, and Federated Farmers on the other.
In 2001, Consumers Institute head David Russell warned food prices were likely to rise once the supermarket industry shrank from three big players to two.
Investors over the age of about 35 may remember a non-alcoholic whiskey called Claytons.
Fonterra fears its profits and market share will both take a hit if it doesn't forge ahead with planned changes to its business.
Fonterra shareholders will be able to invest in shares up two times their annual production rate, almost double that of current rates.
Fonterra has revealed details of its plan for dairy farmers to trade shares amongst themselves.
Milk powder prices surged in Fonterra's latest online auction.
The Chinese-owned company wanting to buy the balance of the Crafar farms would be the first vertically integrated dairy business in NZ.
Kiwis concerned about NZ farms being sold to foreign investors have no one to blame but themselves, writes Bernard Hickey.
Fonterra says revenues fell $300 million in the past half year, but that world dairy prices continue to recover.
New Zealand's dairy farms are getting dirtier - not cleaner, according to new research released today.