Dairy prices up 10pc overnight
Dairy prices were up for the fourth time in a row in the latest world dairy auction. Why?
Dairy prices were up for the fourth time in a row in the latest world dairy auction. Why?
This week's GlobalDairyTrade auction is shaping up to be another strong one.
Fonterra's chief executive has asked for a freeze on his $4m salary.
Spokesman says fans of controversial scheme can turn to NZX for help with milk prices.
Fonterra executives will have their work cut out convincing farmers to reduce their use of what has been a key feed supplement over the past 10 years - palm kernel.
Fonterra lost market share in the South Island and will probably lose more this season before an improvement in 2016/17, says CEO Theo Spierings.
Theo Spierings has every right to be among our best-paid chief executives.
Jose Miguel Porraz is negotiating an uneven Kuala Lumpur footpath as he talks up the benefits of emerging markets.
Dairy giant announces improved profit just days after increased the number of jobs it was cutting to 750.
Fonterra is on track to significantly improve its profits over the next decade, says KPMG.
Fonterra looks set for a big rebound in its annual net profit when it reports its result tomorrow, but the dairy co-operative will face challenges as the sector worldwide tries to adapt to low demand....
Dairy giant plans to move into new 1.6ha international headquarters early next year.
The expected layoffs of about 90 science staff at AgResearch, the country's largest Crown research institute, is a "pretty fatal blow" to agricultural research, says Doug Edmeades, a....
Low dairy prices have continued to weigh heavily on farmer sentiment, according to Rabobank's Rural Confidence Survey.
More Fonterra job cuts have raised questions about whether the dairy giant will need all the space it has leased in new upmarket Auckland headquarters.
Chief executive Theo Spierings says dairy giant has to make tough decisions as review increases job cuts to 750.
Does this morning's big jump in world dairy prices mean an increased payout for farmers? There might be a long way to go.
Fonterra is cutting back the amount of product it sells on its GlobalDairyTrade auction platform for the next 12 months.
Fonterra has confirmed it has put on hold a proposed coal mine at Mangatangi while it assesses its energy options.
Nominations have opened for seats on Fonterra's board, with chairman John Wilson and two other directors up for re-election.
Low world dairy prices aren't stopping the NZ industry - production was up 13pc last month from July last year.
Whole milk powder prices, which are the key to determining Fonterra's farmgate milk price, rose by 12.1 per cent to an average US$2078 a tonne.
Fonterra's move to cut the amount it sells on its global dairy auction appears to have worked.
Fonterra chairman John Wilson responds to criticism last week that Fonterra has been a failure.
Created in 2001, Fonterra was heralded as an "icon of economic transformation", a "breakthrough idea", "helping NZ catch the knowledge wave".
Investment bank says there is a 25 to 30 per cent risk of New Zealand's economy going into recession in the next 12 months.
Wholemilk powder prices rallied by 19.1 per cent at this morning's GlobalDairyTrade auction.
Signs look good for Fonterra that dairy prices will bounce in tomorrow's GlobalDairyTrade (GDT) auction.