![Fonterra coy on management review](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Fonterra coy on management review
Is global consulting firm McKinsey reviewing management at Fonterra? Seems so, though Fonterra won't confirm it.
Is global consulting firm McKinsey reviewing management at Fonterra? Seems so, though Fonterra won't confirm it.
The sale of Lochinver station to Chinese interests spearheaded by Shanghai Pengxin reignited concerns about farm sales to foreigners during the election campaign.
The only topic that seems to be competing with Auckland house prices at present seems to be the declining Fonterra payout, and what it means for the economy as a whole.
The dollar touched a four-month low against the euro after the European Central Bank lifted its inflation forecast.
The yawning gap between supply and demand once again made its presence felt at the latest GlobalDairyTrade (GDT) auction.
The ANZ Commodity Price Index for May fell by 4.7pc, following April's 7.4 per cent decline.
The dollar rose even after dairy product prices unexpectedly fell in the latest GlobalDairyTrade auction.
International dairy prices continued to fall as the market struggles to recover from a supply/demand imbalance and subdued demand from China.
Trust set-up raises issue of whether farmer shareholder and external investor interests in Fonterra are fully aligned.
An apology after an online Anchor promotion told everyone they needed more calcium.
The dollar dropped to its lowest in more than four years on concern about the outlook for the economy.
Next season's average farmer income will drop by $150,000 based on Fonterra's $5.25 per kg forecast, says DairyNZ.
Dairy farmers face two successive years of below-break-even payouts after Fonterra issued its forecast for 2015/16 yesterday.
Fonterra's cut its payout forecast by 10c to $4.40 a kilo of milk solids and says it expects to pay out $5.25 a kilo for next season.
Fran O'Sullivan asks, when is enough enough when it comes to Chinese investment in the New Zealand dairy sector?
A slump in dairy exports weighed on the trade balance last month.
The last GlobalDairyTrade auction for the season is tomorrow and dairy analysts say indications are that prices may be about to bottom out.
Farm prices have continued to rise, despite the near halving of milk prices over the last year, according to REINZ.
Fonterra's strategy has to start delivering or its market share will shrink further, says Federated Farmers Otago dairy chairman Stephen Crawford.
Police scientists are still poring over samples to identify who was behind threats to contaminate infant formula with 1080 poison.
Fonterra farmers have been tipped to go without a "retro" payment in July as the co-operative rebalances.
The Reserve Bank has singled out the New Zealand dairy sector as an "area of risk" for the financial system.
Fonterra will late this month release its milk price forecast for 2015/16 and indications are that it will be towards the lower end of market expectations.
Shareholders in Australian dairy co-operative Murray Goulburn (MG) have voted in favour of a Fonterra-style capital structure that will see its units trade on the ASX.
Tim Groser's warning that the dairy sector would effectively have to guts it out during a period of low milk payouts was timely.
International dairy prices fell for the fourth time in a row at this morning's GlobalDairyTrade auction.
New Zealand commodity prices had their biggest decline since the height of the global financial crisis in 2008, led by falling dairy product prices.