2022/23 opening forecast Farmgate Milk Price and update on business performance
Fonterra today announced its 2022/23 opening forecast Farmgate Milk Price and provided an update on its third-quarter performance.
Fonterra revises its 2021/22 forecast Farmgate Milk Price
Fonterra Co-operative Group Limited today revised its 2021/22 forecast Farmgate Milk Price range from $9.30 - $9.90 per kgMS to $9.10 - $9.50 per kgMS.
Fonterra expands seaweed trial, Fonterra farmers have first access
Fonterra expands on-farm trials of methane reducing Asparagopsis seaweed, as part of the Fonterra’s commitment to helping solve the methane challenge.
Fonterra to exit Russian businesses
Fonterra has today announced it will exit its businesses in Russia. This follows the Co-op’s decision to suspend shipments of product to Russia at the end of February.
Fonterra’s CFO Marc Rivers to leave the Co-op
Fonterra today announced that its Chief Financial Officer (CFO) Marc Rivers will be leaving the Co-op at the end of 2022 following its Annual Meeting.
reports its Interim Results
Fonterra Co-operative Group Limited today announced its 2022 Interim Results which show the Co-op has delivered a half year Profit After Tax of NZ$364 million.
Fonterra winds down India JV
Fonterra and Future Consumer Limited have agreed to wind down their 50:50 India joint venture - Fonterra Future Dairy.
Fonterra lifts forecast Farmgate Milk
Price and maintains earning guidance range
Fonterra Co-operative Limited today lifted its 2021/22 forecast Farmgate Milk Price range to NZ$9.30 - $9.90 per kgMS, up from NZ$8.90 - $9.50 per kgMS.
NZX and EEX enter GDT partnership for future growth
Fonterra has agreed a strategic partnership with New Zealand’s Exchange (NZX) and the European Energy Exchange (EEX) to each take ownership stakes in Global Dairy Trade (GDT) alongside the Co-op.