Media releases

To open more doors for its US Foodservice business, Fonterra has entered a sales and marketing agreement with one of America’s leading dairy co-operatives, Land O’Lakes, Inc.

Fonterra Co-operative Group Limited today increased the mid-point of its forecast Farmgate Milk Price range to $6.80 per kgMS, up from $6.40 per kgMS, while retaining its current +/-50c per kgMS range.

They’re hot off the press and intended to help take the heat out of climate change.

Anchor has added to its Blue range, with a new 2L bottle made from sugarcane - which is a natural, renewable and sustainably sourced material.

Fonterra has agreed to sell its China farms for a total of $555 million (RMB 2.5 billion), after successfully developing the farms alongside local partners.

Annual Results Summary: Final cash payout for 2019/20 season: $7.19 per kgMS, Final 2019/20 Farmgate Milk Price: $7.14 per kgMS, 2019/20 dividend: 5 cents per share

It’s full steam ahead on wood pellets at Fonterra’s Te Awamutu site, with commissioning underway, as the site takes the next step in its transition away from coal.