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  News   Covid-19   Opinion
Tuesday 12 December 2023

Dairy

…while entries open for NZ Champions of Cheese Awards
11 Dec 2023   /

…while entries open for NZ Champions of Cheese Awards

The New Zealand Champions of Cheese Awards is calling for entries for 2024.


Fonterra upgrades FY earnings after strong Q1
7 Dec 2023  

Fonterra upgrades FY earnings after strong Q1

Fonterra’s first quarter profit after tax is up 85% on the same time last year as the dairy exporter banks better margins across its portfolio.


ANZ food commodity price indices tracking down
6 Dec 2023   /

ANZ food commodity price indices tracking down

The ANZ World Commodity Price Index fell 1.3% month-on-month in November, ending the recent run of stronger prices, as food commodity prices softened.


AgResearch tackles nitrogen loss from cow urine
4 Dec 2023   /

AgResearch tackles nitrogen loss from cow urine

Scientists at the AgResearch have developed ‘acoustic urine sensors’ to tackle the problem of nitrogen loss from the urine of cattle which affects water quality and leads to emissions of nitrous oxide, a potent greenhouse gas.


Synlait increases forecast milk price
29 Nov 2023  

Synlait increases forecast milk price

Synlait Milk has increased its forecast base milk price forecast for the 2023 / 2024 season to $7.25/kgMS from $7.00/kgMS.


Fonterra’s Nutiani brand heads to High 5 NZ Health Summit
24 Nov 2023   /

Fonterra’s Nutiani brand heads to High 5 NZ Health Summit

Fonterra is taking its wellbeing nutrition solutions brand, Nutiani, to the High 5 NZ Health Summit in Auckland on November 24.


Milk powder, butter, cheese lead exports down
21 Nov 2023   /

Milk powder, butter, cheese lead exports down

Milk powder, butter, and cheese led goods exports down $552m or 9.3% to $5.4bn in October 2023 compared to the same month last year, according to Stats NZ’s overseas merchandise trade statistics.


Lindsay Farm raw milk recall due to possible Campylobacter
20 Nov 2023   /

Lindsay Farm raw milk recall due to possible Campylobacter

Lindsay Farm HB is recalling specific batches of its Lindsay Farm brand Organic Raw Milk (unpasteurised) as the product may contain Campylobacter.


Olam opens Waikato dairy plant
17 Nov 2023  

Olam opens Waikato dairy plant

Olam Food Ingredients has opened its new dairy-processing facility in Waikato.


A2 Milk’s 2024 earnings on track
16 Nov 2023  

A2 Milk’s 2024 earnings on track

A2 Milk is expecting its earnings to stay on track for 2024 and would still reach its sales target of $2bn by 2026, despite deterioration in the Chinese market, according to managing director David Bortolussi.


Pāmu exiting China bovine milk product market
14 Nov 2023  

Pāmu exiting China bovine milk product market

Pāmu will stop selling bovine milk products, including infant milk powder, to China next year.


Synlait’s Dairyworks sale sluggish
10 Nov 2023   /

Synlait’s Dairyworks sale sluggish

Indicative bids are in for Synlait’s consumer dairy business, however, they are reportedly short of the expected price-tag of around $130m.


Scientists react to Fonterra’s scope 3 plan…
10 Nov 2023   /

Scientists react to Fonterra’s scope 3 plan…

Scientists have broadly welcomed Fonterra’s roadmap to reduce its scope 3 emissions but have questioned the use of intensity targets rather than absolute goals.


…which Greenpeace criticises as a ‘polished turd’
10 Nov 2023   /

…which Greenpeace criticises as a ‘polished turd’

Greenpeace Aotearoa says Fonterra’a proposed climate roadmap is little more than “polishing a turd” because it contains no real measures to reduce emissions.


Fonterra opts for intensity reduction not hard target in scope 3 plan
9 Nov 2023   /

Fonterra opts for intensity reduction not hard target in scope 3 plan

The dairy co-op plans to cut its scope 3 emissions by adopting an intensity reduction goal rather than a hard target for cutting overall on-farm greenhouse gases.


Fonterra releases NZMP Recombined Reference
6 Nov 2023  

Fonterra releases NZMP Recombined Reference

Fonterra’s dairy ingredients and solutions brand, NZMP, has published advice on recombination for its customers.


The Warehouse moves on cheese to disrupt grocery “one product at a time”
2 Nov 2023   /

The Warehouse moves on cheese to disrupt grocery “one product at a time”

The burgeoning grocery supplier moves on another household staple in an effort to grow sales in the sector.


F&B up for Deloitte Top 200 Awards
2 Nov 2023   /

F&B up for Deloitte Top 200 Awards

Westland Dairy, Comvita and Scales are among the food firms shortlisted for the Deloitte Top 200 Awards, with a number of individuals also making the cut.


Fonterra, Nestlé complete DPA Brazil sale
2 Nov 2023   /

Fonterra, Nestlé complete DPA Brazil sale

Fonterra has completed the sale of its Nestlé’s Dairy Partners Americas Brazil joint venture to French dairy company Lactalis.


Fonterra CFO to go after nine months in post
1 Nov 2023   /

Fonterra CFO to go after nine months in post

The dairy co-op says Neil Beaumont is leaving this Friday having only just starting in February.


Westland on track to repeat $1bn revenue
1 Nov 2023  

Westland on track to repeat $1bn revenue

Westland Milk Products says it is on track to match the $1bn of revenue and $39m profit it posted in 2022, despite a sluggish global economy and volatile trading conditions.


November means NZ Ice Cream & Gelato week
31 Oct 2023   /

November means NZ Ice Cream & Gelato week

New Zealand’s annual Ice Cream and Gelato Week starts on Sunday 5 November.


Responsible dairying award nominations open
30 Oct 2023   /

Responsible dairying award nominations open

Entries have opened for the Fonterra Responsible Dairying category, as part of the 2024 New Zealand Dairy industry Award programme.


Synlait chair out, MFB CFO goes, Hell boss exits
24 Oct 2023   /

Synlait chair out, MFB CFO goes, Hell boss exits

A trio of food firm leaders are heading for the exit, including the chair of troubled dairy processor Synlait, who only took up the role 10 months ago.


Fonterra venture arm grows portfolio, gets new name
24 Oct 2023  

Fonterra venture arm grows portfolio, gets new name

The dairy giant’s nutrition science solutions ventures arm has been given a new name and added three investments to its portfolio.


China export contraction continues in Sept – Stats NZ
24 Oct 2023   /

China export contraction continues in Sept – Stats NZ

The fall in exports to China is continuing, according to Stats NZ, which said the total value of goods exported to China in the year ended September 2023 was $19.3bn.


Synlait, A2 Milk head to arbitration over exclusivity deal dispute
17 Oct 2023   /

Synlait, A2 Milk head to arbitration over exclusivity deal dispute

The dairy companies have failed to resolve their dispute over A2’s right to cancel Synlait’s exclusive supply arrangements.


Tip Top brings back old flavours in new format
17 Oct 2023   /

Tip Top brings back old flavours in new format

Froneri-owned ice cream brand Tip Top is bringing back its Cookies and Cream and Goody Goody Gum Drops flavours to grocery after they were paused last October.


Govt confirms dairy quota system changes
13 Oct 2023   /

Govt confirms dairy quota system changes

The dairy quota system, which has been in place since 2007, is set to change following a review in the wake of New Zealand’s new free trade agreements.


ComCom holds position on IMF advertising
12 Oct 2023   /

ComCom holds position on IMF advertising

The Commerce Commission is minded to approve an application from the Infant Nutrition Council (INC) seeking authorisation for an arrangement allowing the INC to restrict its members from advertising and marketing formula products for infants aged up to 12 months old.


Fonterra raises farmgate forecast
9 Oct 2023  

Fonterra raises farmgate forecast

Fonterra has revised its forecast for the farmgate milk price range, with the midpoint going up 50 cents.


Fonterra launches new probiotics partnership to bring new strains to market
5 Oct 2023  

Fonterra launches new probiotics partnership to bring new strains to market

Fonterra is stepping up its commercial probiotics game by forming a partnership with what it describes as a world-leading Irish research centre specialising in human microbiome.


Record revenue for Tatua
5 Oct 2023  

Record revenue for Tatua

Tatua Co-operative Dairy achieved record group income of $537m and earnings available for payout of $225m in the 12 months to July 2023.


Australia’s Eden Brew bags $27m as alt-dairy advances
4 Oct 2023  

Australia’s Eden Brew bags $27m as alt-dairy advances

The startup co-owned by Australia’s largest dairy co-op revealed the investment as stakeholders such as NZ’s FoodHQ and Miruku presented at AltProtein23 in Melbourne.


Anchor Milk, Z Energy, Will&Able expand recycling trial
27 Sep 2023   /

Anchor Milk, Z Energy, Will&Able expand recycling trial

Cleaning product brand Will&Able, Z Energy, and Anchor Milk are expanding a trial of dedicated, closed-loop recycling bins at selected Z service stations from mid-September.


How much did Synlait get in Talbot settlement?
26 Sep 2023  

How much did Synlait get in Talbot settlement?

A line in Synlait Milk’s account reveal the amount the dairy firm received after launching an $8.8m lawsuit over its Talbot Forest Cheese Co acquisition.


“Extremely challenging year” – Synlait posts $4.3m loss
25 Sep 2023  

“Extremely challenging year” – Synlait posts $4.3m loss

The dairy company has listed a litany of factors that have contributed to its “poor” financial performance.


Meat, dairy behind 5.6% goods exports fall in August
25 Sep 2023   /

Meat, dairy behind 5.6% goods exports fall in August

Goods exports fell $296m or 5.6% in August 2023 to $5bn, compared with August 2022 with meat and dairy behind the drop.


A closer look: The future of Fonterra’s foodservice and consumer divisions
22 Sep 2023  

A closer look: The future of Fonterra’s foodservice and consumer divisions

CEO Miles Hurrell says a sale of the NZ consumer business is not on the cards, despite a dire year, so what else did he and his CFO have to say about the embattled division?


Record profit at Fonterra, but consumer division smashed with $220m impairments
21 Sep 2023  

Record profit at Fonterra, but consumer division smashed with $220m impairments

Profit rockets 170% to $1.6bn but no thanks to its consumer division, which plunged to a $164m loss on the back of brand write-downs.


Dairy, meat, fish exports grow
20 Sep 2023   /

Dairy, meat, fish exports grow

Goods exports increased $773m to $18.2b in the June 2023 quarter driven by dairy products, meat, and fish, according to Stats NZ’s latest balance of payments data.


No bounce-back for Synlait shares
19 Sep 2023   /

No bounce-back for Synlait shares

Synlait Milk shares are hovering around $1.19 in trading today, after falling more than 9% to $1.16 at market close yeseterday.


Synlait disputes A2’s right to cancel exclusivity
18 Sep 2023   /

Synlait disputes A2’s right to cancel exclusivity

Synlait Milk is disputing that its major customer, A2 Milk, has the right to cancel its exclusive arrangement after said notice was given on Friday.


…as Rabobank moots ‘demand-led resurgence’ for dairy
13 Sep 2023  

…as Rabobank moots ‘demand-led resurgence’ for dairy

More financial pain is expected for dairy farmers, but a demand-led resurgence is increasingly possible, according to the latest Rabobank Global Dairy quarterly report.


Fonterra to slim down board
8 Sep 2023  

Fonterra to slim down board

Fonterra plans to slim down its board from 11 to 9 seats.


Watch: Plant-based cheese breakthrough wins Riddet researcher science prize
7 Sep 2023   /

Watch: Plant-based cheese breakthrough wins Riddet researcher science prize

Dr Debashree Roy from the Riddet Institute at Massey University has won the Falling Walls Lab Aotearoa New Zealand competition.


Success for NZ in Canada dairy dispute…
6 Sep 2023  

Success for NZ in Canada dairy dispute…

A trade ruling finds in favour of NZ, after dairy exporters miss out in an estimated $120m in revenue from the Canadian market.


…while free trade, infrastructure investment needed to unlock further NZ dairy growth – report
6 Sep 2023   /

…while free trade, infrastructure investment needed to unlock further NZ dairy growth – report

Ongoing investment into trade liberalisation and resilient infrastructure is required to support the continued growth of the dairy sector, according to a new report by Sense Partners.


Primary sector on ACT’s red tape hit list
6 Sep 2023  

Primary sector on ACT’s red tape hit list

The Act Party has revealed more details of its proposal to implement a new Ministry of Regulation, with the primary sector forming one of the first to be targeted by the new department.


Danone appoints new ANZ boss, “healthier, more sustainable” products on agenda
5 Sep 2023  

Danone appoints new ANZ boss, “healthier, more sustainable” products on agenda

The global dairy giant’s new GM of NZ and Aus, Kathy Cavill, fills the gap left by former boss Rodrigo Lima.


Fonterra slips down global dairy rankings
4 Sep 2023   /

Fonterra slips down global dairy rankings

There has been a reshuffle at the top of Rabobank’s annual ranking of global dairy firms as currency fluctuations, inflation and pricing come to the fore.


Dairy leads widening trade surplus with China…
4 Sep 2023   /

Dairy leads widening trade surplus with China…

The trade surplus with China was $2bn in the June 2023 quarter, according to figures released by Stats NZ.


China’s Pinlive to revive Waikato’s closed Kaimai Cheese business
1 Sep 2023  

China’s Pinlive to revive Waikato’s closed Kaimai Cheese business

The Chinese food and beverage company is buying the shuttered Waikato dairy factory with plans to revive the cheese and UHT milk processing plant.


Fonterra in $1bn cost-cutting drive, job losses loom
1 Sep 2023  

Fonterra in $1bn cost-cutting drive, job losses loom

Fonterra plans to cut $1bn off its operating costs by 2030, according to chief executive Miles Hurrell who said the plan had been in development since late last year.


Supreme ice-cream from Southern Lakes
1 Sep 2023   /

Supreme ice-cream from Southern Lakes

Queenstown’s Patagonia Chocolates has taken out the country’s top ice cream accolade being named Formula Foods Supreme Champion Boutique at the NZ Ice Cream & Gelato Awards 2023.


Fonterra’s alt-dairy startup jv with Royal DSM closes seed round
25 Aug 2023   /

Fonterra’s alt-dairy startup jv with Royal DSM closes seed round

The precision fermentation startup Fonterra co-founded with partner Royal DSM last year now has a name, a CEO, and its first funding in the bank.


ComCom gets infant formula request ahead of expiry
25 Aug 2023  

ComCom gets infant formula request ahead of expiry

The Commerce Commission has received an application from the Infant Nutrition Council (INC) seeking authorisation for an arrangement allowing the INC to restrict its members from advertising and marketing formula products for infants aged up to 12 months old.


SOPI: 2023 upgraded to new record of $57.4bn
24 Aug 2023   /

SOPI: 2023 upgraded to new record of $57.4bn

New Zealand’s food and fibre export earnings have been upgraded to a new record of $57.4bn.


A2 defies China slowdown, more challenging FY24 expected…
21 Aug 2023  

A2 defies China slowdown, more challenging FY24 expected…

The dairy company delivers a 27% jump in net profit but warns that challenging conditions in its largest market will continue into 2024.


…as dairy exports slump, infant formula plummets, on weakening China trade
21 Aug 2023  

…as dairy exports slump, infant formula plummets, on weakening China trade

The value of goods exported by New Zealand slumped 14% or $890m in July 2023 with dairy, meat and infant milk formula all heading sharply south, according to Stats NZ.


Ice cream & gelato medals dispatched
21 Aug 2023   /

Ice cream & gelato medals dispatched

The NZ Ice Cream & Gelato Awards 2023 has resulted in 183 medals were being awarded, including 64 golds, 74 silvers, and 45 bronzes.


New emissions reduction plan to ‘future-proof NZ’s largest export sector’ – O’Connor
18 Aug 2023   /

New emissions reduction plan to ‘future-proof NZ’s largest export sector’ – O’Connor

The government has today announced its final plan to reduce agricultural emissions and future-proof NZ’s largest export sector, according to Agriculture Minister Damien O’Connor.


Fonterra downgrades milk price forecast – again
18 Aug 2023  

Fonterra downgrades milk price forecast – again

Fonterra has reduced its farmgate milk price forecast for the second time in two weeks.


LIC downgrades guidance after milk price falls
18 Aug 2023  

LIC downgrades guidance after milk price falls

Livestock Improvement Corporation has downgraded its expected underlying earnings for 2023-24 as a result of the reduced farmgate milk price range and uncertainty in relation to farmer spending.


F&B takes the cake in latest $33m GIDI round
14 Aug 2023   /

F&B takes the cake in latest $33m GIDI round

Food firms like Talley’s secure the lion’s share of the $33m fifth round of the Government Investment in Decarbonising Industry initiative.


Fonterra details $50m share buyback
14 Aug 2023  

Fonterra details $50m share buyback

Fonterra’s $50m share buyback programme will commence on 18 August 2023 and is expected to continue until 13 August 2024 as part of the co-op’s ongoing capital management programme.


Fresh Cuts: What’s new for the week to 11 August?
11 Aug 2023   /

Fresh Cuts: What’s new for the week to 11 August?

Lewis Road adds Half & Half, street artist Gasp is drafted in for a Doritos limited edition, and Healtheries’ new type of gummy.


Synlait follows Fonterra with milk price downgrade
11 Aug 2023  

Synlait follows Fonterra with milk price downgrade

Synlait Milk has reduced its forecast base milk price for the 2023 / 2024 season to $7 per kg of milk solids from $8/kgMS.


Fonterra on track for top end of forecast
11 Aug 2023  

Fonterra on track for top end of forecast

Fonterra expects to end the year at the top end of its forecast earnings range of 65-80 cents per share.


Pure NZ recalls gelato after packaging mixup
11 Aug 2023   /

Pure NZ recalls gelato after packaging mixup

Pure New Zealand Ice Cream is recalling a specific batch of its Pure New Zealand Ice Cream brand Artisan Boysenberry Gelato due to the presence of an undeclared allergen, namely, egg.


Agri commodity prices downturn resumed – Westpac
10 Aug 2023  

Agri commodity prices downturn resumed – Westpac

Agricultural commodity prices are expected to get worse, before they get better, according to Westpac’s latest Economic Overview report.


Fonterra confirms timeline for capital return payment
10 Aug 2023  

Fonterra confirms timeline for capital return payment

Fonterra has confirmed the key dates for its capital return after receiving final orders from the High Court sanctioning its farmer-approved scheme of arrangement.


Weakening demand hits meat exports, milk price
4 Aug 2023   /

Weakening demand hits meat exports, milk price

New Zealand’s dairy and meat exports are coming under pressure with subdued demand from China playing a major role.


Fonterra’s NZMP launches ingredients tool
2 Aug 2023   /

Fonterra’s NZMP launches ingredients tool

Fonterra’s B2B ingredients division, New Zealand Milk Products, has launched a new tool that aims to enable customers too quickly and effectively compare ingredients suitable for their specific needs.


Westland gets gold from EcoVadis
1 Aug 2023  

Westland gets gold from EcoVadis

Westland Milk Products has received a gold ranking from independent sustainability auditors EcoVadis.


Fonterra ups support for Trees for Survival 
31 Jul 2023  

Fonterra ups support for Trees for Survival 

Fonterra will this year provide native seedlings and resources to 22 schools participating in the Trees for Survival programme. 


Fonterra in $50m share buyback
27 Jul 2023  

Fonterra in $50m share buyback

Fonterra is allocating $50m to start an on-market share buyback programme next month.


Fonterra, Nestlé’s $210m Brazil jv sale catches  regulator’s eye
26 Jul 2023   /

Fonterra, Nestlé’s $210m Brazil jv sale catches regulator’s eye

The proposed sale by Fonterra and Nestlé of their Dairy Partners Americas (DPA) Brazil joint venture to French dairy company Lactalis has caught the eye of staff at Brazil’s antitrust watchdog CADE.


Farmers approve Fonterra’s capital return scheme
26 Jul 2023  

Farmers approve Fonterra’s capital return scheme

Farmers have voted in favour of Fonterra’s capital return scheme.


Waikato dairy company fined $32k over NAIT failure
26 Jul 2023   /

Waikato dairy company fined $32k over NAIT failure

A Waikato dairy company has been fined $32,500 over its failure to notify National Animal Identification and Tracing that it was moving 910 cattle onto its farm.


Milk powder, butter, cheese exports up 11% in June
25 Jul 2023  

Milk powder, butter, cheese exports up 11% in June

Exports of milk powder, butter and cheese rose to $1.77bn in June 2023, up 11% compared to the same month in 2022.


Fonterra ups its scope 1&2 emissions target after $90m from govt – no word yet on scope 3
20 Jul 2023   /

Fonterra ups its scope 1&2 emissions target after $90m from govt – no word yet on scope 3

The government has pledged $90m from its GIDI fund to help Fonterra accelerate the exit of coal from its operations.


Ex-Fonterra exec Kelvin Wickham lands at Ballance
20 Jul 2023   /

Ex-Fonterra exec Kelvin Wickham lands at Ballance

A 34-year Fonterra veteran is taking up the top job as chief executive officer of Ballance Agri-Nutrients.


“Tough decision” – NZ Functional Foods CEO on moving $50m oat milk factory from Southland
19 Jul 2023   /

“Tough decision” – NZ Functional Foods CEO on moving $50m oat milk factory from Southland

The proposed $50m oat milk factory slated for Southland now looks likely to be built in Canterbury with broader plant-milk ambitions.


Top cheese store accreditation programme underway
19 Jul 2023  

Top cheese store accreditation programme underway

New Zealand Specialist Cheesemakers Association is launching the fourth year of its Top NZ Cheese Store accreditation programme.


NPD: An ice cream for both you and your pets
18 Jul 2023   /

NPD: An ice cream for both you and your pets

Pet supplement specialist Newflands looks to break into foodservice with a unique new product for both pets and humans.


Fresh Cuts: What’s new for the week to 13 July?
13 Jul 2023   /

Fresh Cuts: What’s new for the week to 13 July?

Chobani x Countdown x All Blacks = limited edition, Meyer Cheese marks Matariki, Frucor Suntory expands The Real McCoy, and Six Barrel’s latest experiment.


Fonterra delays special meeting on capital return
12 Jul 2023   /

Fonterra delays special meeting on capital return

Fonterra has pushed back it’s upcoming special meeting to approve its proposed capital return.


Raw milk recall
10 Jul 2023  

Raw milk recall

Raw drinking milk producer Dreamview Creamery Real is recalling specific batches of raw milk as the product may contain listeria.


Administrators appointed to Happy Valley Nutrition
6 Jul 2023   /

Administrators appointed to Happy Valley Nutrition

Administrators have been appointed to fledgling Waikato dairy processing business Happy Valley Nutrition.


Cheese export values stretch to $3bn
3 Jul 2023   /

Cheese export values stretch to $3bn

Cheese exports rose $763m or 35% in the 12 months to May 2023, compared with the previous year reaching $3bn, according to Stats NZ.


Fresh Cuts: What’s new for the week to 30 June?
30 Jun 2023   /

Fresh Cuts: What’s new for the week to 30 June?

Chobani launches two new ranges, Sprig & Fern’s limited edition with a new hop varietal, DB’s Odd Company looks for company, and AF Drinks’ 31-pack is back.


Call out for vegan cheese makers
30 Jun 2023   /

Call out for vegan cheese makers

Registrations are now open for the third annual Vegan Society Cheese Awards.


Lindsay Farm organic raw milk recall
29 Jun 2023   /

Lindsay Farm organic raw milk recall

Central Hawke’s Bay producer Lindsay Farm is recalling of specific batches of its Organic Raw Milk (unpasteurised) as the product may contain Campylobacter bacteria.


Lewis Road wins Sofi product of the year award
29 Jun 2023   /

Lewis Road wins Sofi product of the year award

Following on from its gold Sofi award, Lewis Road Creamery’s 10 Star Certified Salted Butter has been named the 2023 Sofi Product of the Year.


Milk powder, butter, and cheese lead monthly export rise
26 Jun 2023  

Milk powder, butter, and cheese lead monthly export rise

Goods exports rose $189m or 2.8% to $7bn in May 2023, compared with the same month last year, led by milk powder, butter, and cheese.


New chief executive for DairyNZ
22 Jun 2023  

New chief executive for DairyNZ

DairyNZ has appointed Waikato-based Campbell Parker as its new chief executive.


Govt invests in GHG facility, sustainability initiatives
16 Jun 2023   /

Govt invests in GHG facility, sustainability initiatives

The government is co-investing $17.7m into the construction of a new greenhouse gas testing facility at Massey University.


Fonterra outlines $800m restructure
13 Jun 2023  

Fonterra outlines $800m restructure

Fonterra has outlined plans for its proposed $800m shareholder capital return, following interim orders by the High Court.


Westland takes control of loss making infant formula jv in $30m deal
12 Jun 2023  

Westland takes control of loss making infant formula jv in $30m deal

The West Coast dairy company buys out its partner’s 60% stake in the loss-making infant formula joint venture.


New Fonterra nutrition science venture arm established, debut investment signed
9 Jun 2023  

New Fonterra nutrition science venture arm established, debut investment signed

Standalone business will incubate, scale and invest in nutrition science ventures via partnerships and M&A, with its first investment already inked.


Froneri NZ’s loss doubles as costs keep rising
9 Jun 2023   /

Froneri NZ’s loss doubles as costs keep rising

Global ice cream company Froneri’s recent headway made at the operating level in New Zealand has melted away, after a tough 2022 saw it streamline its product range to combat supply chain disruption.


Synlait, Talbot Forest Cheese legal action over
8 Jun 2023   /

Synlait, Talbot Forest Cheese legal action over

Synlait has reached a settlement in the legal action over its circa $38.5m purchase of Geraldine speciality cheesemaker Talbot Forest Cheese.


Perspectives: What is the impact of Brexit on dairy and can NZ benefit?
8 Jun 2023  

Perspectives: What is the impact of Brexit on dairy and can NZ benefit?

While Brexit has added cost and uncertainty for businesses, it has opened the door for the UK to diversify its dairy trade with other partners like New Zealand.


Rising costs see Goodman Fielder return to the red
7 Jun 2023  

Rising costs see Goodman Fielder return to the red

Its latest results come in the same month that the company completes its exit from New Zealand’s pie category.


Synlait gets go-ahead for China IMF re-registration…
6 Jun 2023   /

Synlait gets go-ahead for China IMF re-registration…

Synlait has won approval to re-register A2 Milk’s Chinese labelled infant formula product.


…and announces more leadership team changes
6 Jun 2023  

…and announces more leadership team changes

Synlait has made more changes to its Executive Leadership Team which was unveiled in July last year, at the same time as it was going through a strategy refresh.


Synlait puts Dairyworks, Talbot Forest Cheese on the block
2 Jun 2023   /

Synlait puts Dairyworks, Talbot Forest Cheese on the block

The decision to divest the consumer cheese businesses comes four years after investing around $150m to acquire them.


Fonterra names acting COO to replace Whineray
1 Jun 2023   /

Fonterra names acting COO to replace Whineray

A relatively new joiner to Fonterra is to act up as chief operating officer replacing current COO Fraser Whineray who is leaving the co-op next month.


Synlait trims milk price forecast
1 Jun 2023  

Synlait trims milk price forecast

Synlait Milk has reduced its forecast base milk price for the 2022/2023 season by 10 cents to $8.20/kgMS.


Reusable milk keg scheme on offer for hospo
31 May 2023   /

Reusable milk keg scheme on offer for hospo

Tasmanian company The Udder Way has partnered with Waikato owned and operated Green Valley Dairies to launch a reusable milk keg for hospitality operators.


Fonterra upgrades FY forecast after strong Q3, but consumer still in the doldrums
25 May 2023  

Fonterra upgrades FY forecast after strong Q3, but consumer still in the doldrums

The dairy co-op posts an almost threefold increase in third-quarter profit, although its consumer division is still in the doldrums.


The Warehouse launches private label butter
24 May 2023  

The Warehouse launches private label butter

The Warehouse has added $5 butter to its private label range, moving away from selling the Tararua brand as its loss-leader as it builds out its grocery offering.


Westland pushes Westgold in Aus
24 May 2023   /

Westland pushes Westgold in Aus

Westland Milk Products is expanding its Westgold brand in Australia following a showcase of its products at Foodservice Australia 2023.


Milk powder, butter, and cheese lead April export rise
23 May 2023   /

Milk powder, butter, and cheese lead April export rise

Exports of milk powder, butter, and cheese – New Zealand’s largest export commodity group – rose to $2bn in April 2023, up 26% compared to the same month last year, according to Stats NZ’s latest overseas merchandise trade statistics.


Fonterra Brands named Metcash Supplier of the Year
19 May 2023  

Fonterra Brands named Metcash Supplier of the Year

Fonterra Brands has been named 2023 Supplier of the Year Award by Australian wholesale distribution and marketing company Metcash.


A year of two halves for food producers – Westpac
18 May 2023   /

A year of two halves for food producers – Westpac

A difficult start to 2023 due to extreme weather and cost inflation will give way to a better half of the year for growers and farmers, according to Westpac.


Lewis Road export butter scoops Sofi gold
18 May 2023   /

Lewis Road export butter scoops Sofi gold

Lewis Road Creamery’s export butter has won gold at the prestigious USA Sofi Awards.


Perspectives: How dairy can redefine pleasure and escapism in food & drink
16 May 2023   /

Perspectives: How dairy can redefine pleasure and escapism in food & drink

Growing demand for indulgence means new opportunities for the dairy industry, according to Mintel associate director David Faulkner.


Resignation triggers A2 Milk leadership shuffle
9 May 2023   /

Resignation triggers A2 Milk leadership shuffle

A2 Milk’s US boss is leaving the company, and being replaced by current executive general manager ANZ, Kevin Bush.


Pavé picks up Upfield contract for NZ
8 May 2023   /

Pavé picks up Upfield contract for NZ

The Australian plant-based manufacturer of Flora appoints a new sales and distribution partner in NZ as it embarks on the “next phase of its journey” in Aotearoa.


Food Moves: Global manager moves at Fonterra, First Table, a new CDO at Synlait, hires at Tasti, Asahi …and more!
5 May 2023   /

Food Moves: Global manager moves at Fonterra, First Table, a new CDO at Synlait, hires at Tasti, Asahi …and more!

Food and drink industry appointments and people moves for the week to 5 May.


Manawatu cheesemaker cleans-up annual awards
5 May 2023   /

Manawatu cheesemaker cleans-up annual awards

Cartwheel Creamery took home three coveted trophies from the 20th annual NZ Champion of Cheese Awards in Hamilton.


Dairy Holdings boss stepping down from DairyNZ
2 May 2023   /

Dairy Holdings boss stepping down from DairyNZ

The chief executive of Dairy Holdings, Colin Glass, is stepping down from the DairyNZ board later this year.


March milk production up, annual number slips
1 May 2023  

March milk production up, annual number slips

New Zealand milk production was up 0.3% on a litres basis, or up 1% on milk solids basis, in March compared to March the year prior, according to Fonterra.


Synlait shares sink after second earnings downgrade
27 Apr 2023  

Synlait shares sink after second earnings downgrade

The company’s share price fell 27% on the NZX on Wednesday after an earnings guidance downgrade.


March exports stable as prepped products jump 91%
27 Apr 2023   /

March exports stable as prepped products jump 91%

Goods exports rose $40m or 0.6% to $6.5bn in March, compared with the same month last year, led by a big jump in preparations of cereals, flour, starch, and milk including infant formula.


Synlait slashes guidance, points finger at A2 Milk…
26 Apr 2023   /

Synlait slashes guidance, points finger at A2 Milk…

After a two-day trading halt, the dairy company says at worst it could end up $5m in the red after further reduced demand from “one of its customers”.


…but A2 Milk “surprised” at Synlait downgrade, maintains own guidance
26 Apr 2023   /

…but A2 Milk “surprised” at Synlait downgrade, maintains own guidance

A2 Milk says it is “surprised at the extent of the reduction in Synlait’s guidance range,” and gives its own update on its full year outlook.


Westland pumps $70m into lactoferrin plant
26 Apr 2023  

Westland pumps $70m into lactoferrin plant

The investment will treble production of the high-value bioactive dairy ingredient at the company’s Hokitika site.


Dairy down in ‘most trusted’ F&B brands in 2023
24 Apr 2023   /

Dairy down in ‘most trusted’ F&B brands in 2023

Regular winner Whittaker’s has claimed a triple victory in this year’s Reader’s Digest Most Trusted Brands Survey, while dairy brands slip down the ranks in 2023.


Fonterra takes further decarbonisation steps
24 Apr 2023   /

Fonterra takes further decarbonisation steps

Fonterra says it will install a heat pump and solar thermal system at two of its sites, as part of its ongoing decarbonisation efforts. 


Synlait trading halt, potential revised guidance
21 Apr 2023  

Synlait trading halt, potential revised guidance

Synlait requested the halt “to provide it with additional time to properly consider new information it has received which may require it to revise its previously issued guidance to the market.”


NZ Cheese Festival returning to Blenheim
20 Apr 2023   /

NZ Cheese Festival returning to Blenheim

New Zealand Cheese Festival is returning to Blenheim to tie in with NZ Cheese Month.


Food Moves: Tatua China GM departs, changes at Natural Pet Food, Walter & Wild, Foodstuffs, Unilever …and more!
14 Apr 2023   /

Food Moves: Tatua China GM departs, changes at Natural Pet Food, Walter & Wild, Foodstuffs, Unilever …and more!

Food and drink industry appointments and people moves for the week to 14 April.


Looking forward with Anchor’s Brent Whelan
11 Apr 2023   /

Looking forward with Anchor’s Brent Whelan

The GM says Fonterra is looking to “push the boundaries” of its $1.2bn Anchor brand, and grow its footprint in South East Asia and China.


My Food Bag co-founder Gattung, Miraka chair Smiler inducted into Business Hall of Fame
4 Apr 2023   /

My Food Bag co-founder Gattung, Miraka chair Smiler inducted into Business Hall of Fame

My Food Bag co-founder Theresa Gattung and Miraka chair Kingi Smiler have been inducted into the New Zealand Business Hall of Fame.


Fonterra lowers milk price on slower China demand
3 Apr 2023  

Fonterra lowers milk price on slower China demand

Fonterra has downgraded its forecast farmgate milk price to $8 to $8.60 per kilogram of milk solids, from its previous forecast of $8.20 to $8.80 per kgMS.


Fonterra completes $1bn Chile sale
31 Mar 2023  

Fonterra completes $1bn Chile sale

Fonterra has completed the sale of its Chilean Soprole business to Gloria Foods – JORB S.A.


40 years of CER with Australia boon for Kiwi F&B
29 Mar 2023   /

40 years of CER with Australia boon for Kiwi F&B

New Zealand food and beverage companies are some of the most active exporters to Australia, benefitting from 40 years of a “gold standard free trade agreement” between the two nations.


Lewis Road Creamery backs Kinky Boots
29 Mar 2023   /

Lewis Road Creamery backs Kinky Boots

Lewis Road Creamery is supporting the upcoming premiere season of Tony and Olivier Award-winning musical Kinky Boots.


Cheese champion medals rolled out
28 Mar 2023   /

Cheese champion medals rolled out

A total of 162 cheeses have received medals in this year’s NZ Champions of Cheese Awards.


Fonterra’s new capital structure starts today
28 Mar 2023  

Fonterra’s new capital structure starts today

Fonterra’s flexible shareholding capital structure comes into effect today, after two years of development.


Synlait profit slumps, debt climbs after SAP tumult
27 Mar 2023  

Synlait profit slumps, debt climbs after SAP tumult

“Implementing SAP was the right decision, however, our readiness was not where we needed it to be,” says CEO Grant Watson.


High-value strategy supports Westland Milk turnaround
23 Mar 2023  

High-value strategy supports Westland Milk turnaround

“The biggest contributor to increasing revenue has been our high-value product strategy and to some extent high global commodity prices” – CEO Richard Wyeth.


Synlait’s director of operations resigns
23 Mar 2023   /

Synlait’s director of operations resigns

Synlait Milk’s director of operations, Nigel Macdonald, has resigned.


Report shines spotlight on Fonterra’s ‘greenwash’ – Greenpeace
23 Mar 2023  

Report shines spotlight on Fonterra’s ‘greenwash’ – Greenpeace

New Zealand dairy giant Fonterra has not escaping scrutiny in a new international report which outlined more than 50 examples of “greenwashing” after analysing misleading claims in the food sector.


Two year recovery, now three – Synlait pushes out turnaround
17 Mar 2023  

Two year recovery, now three – Synlait pushes out turnaround

Synlait Milk has released a FY23 net profit after tax guidance range of $15m to $25m.


Fonterra interim profit jumps 50%…
16 Mar 2023  

Fonterra interim profit jumps 50%…

The co-op says a strong performance from ingredients and a recovery in foodservice more than offset ongoing challenges in its consumer business.


…but $162m is wiped off the value of its consumer brands
16 Mar 2023   /

…but $162m is wiped off the value of its consumer brands

Fonterra wrote down the value of its New Zealand and Asian consumer brands by a total of $162m in the first half of FY23 as it battled higher input costs and ongoing pressure on margins.


Reduced food output contributes to GDP drop – Stats NZ
16 Mar 2023  

Reduced food output contributes to GDP drop – Stats NZ

Gross domestic product (GDP) fell 0.6% in the December 2022 quarter, following a 1.7% rise in the September 2022 quarter, according to quarterly figures released by Stats NZ.


Leadership shuffle at Talley’s food firms
15 Mar 2023   /

Leadership shuffle at Talley’s food firms

Open Country Dairy CEO Steve Koekemoer is stepping up to become COO of parent company, Talley’s.


…as Synlait scraps its Swappa Bottle reuse scheme
14 Mar 2023  

…as Synlait scraps its Swappa Bottle reuse scheme

“A significant investment was needed to take Swappa Bottle from a pilot product to a nationwide proposition, and the economics to do this did not stack up,” Synlait says.


Slow global economy prompts Synlait milk price downgrade
14 Mar 2023  

Slow global economy prompts Synlait milk price downgrade

Synlait Milk has reduced its forecast base milk price for the 2022 / 2023 season to $8.50/kgMS from $9.00/kgMS.


Lilo Desserts lands growth capital
8 Mar 2023   /

Lilo Desserts lands growth capital

The plant-based desserts venture will use some of the funding on export pilots for the US and Australia.


Dairy leads Q4 exports up
6 Mar 2023   /

Dairy leads Q4 exports up

Goods and services exports for the December 2022 quarter totalled $24.7bn, up from $20.5bn in the December 2021 quarter, according to Stats NZ’s quarterly international trade statistics.


Daisy Lab seed round brings in alt-dairy peer
3 Mar 2023   /

Daisy Lab seed round brings in alt-dairy peer

The precision fermentation start-up closes an oversubscribed funding round backed by fellow alt-diary specialist and Raglan Food co-founder Latesha Randall.


Perfect Day faces US patent challenge after Aus Fonterra success
1 Mar 2023   /

Perfect Day faces US patent challenge after Aus Fonterra success

A US patent recently granted to plant-based startup Perfect Day has been challenged by an anonymous petitioner.


Cheese award judges head to Rotokauri
1 Mar 2023   /

Cheese award judges head to Rotokauri

Judging will take place this weekend for the 20th annual NZ Champions of Cheese Awards.


Fonterra drops milk price, collection expectations
24 Feb 2023   /

Fonterra drops milk price, collection expectations

Softening demand has seen Fonterra revise its full year 2023 farmgate milk price and collections.


Fonterra gets Chile competition sign-off for Soprole sale
23 Feb 2023   /

Fonterra gets Chile competition sign-off for Soprole sale

Fonterra is progressing its condition sales of its Chilean Soprole business to Gloria Foods, having received sign-off from the country’s competition authority.


A2 profit leaps 22% in H1, but challenges remain
20 Feb 2023  

A2 profit leaps 22% in H1, but challenges remain

The dairy processor navigates a “very challenging market” to deliver double-digit interim earnings and revenue growth.


Synlait progresses China re-registration
17 Feb 2023   /

Synlait progresses China re-registration

Synlait is moving to one of the last steps in its Chinese infant formula re-registration.


Open Country, Nestlé partner in tree planting tie-up
14 Feb 2023   /

Open Country, Nestlé partner in tree planting tie-up

Independent dairy processor Open Country and food manufacturer Nestlé are partnering in a new project to help farmers offset greenhouse gas emissions by planting native trees on dairy farms.


Four ‘wildcards’ to determine NZ agri performance – Rabobank
9 Feb 2023  

Four ‘wildcards’ to determine NZ agri performance – Rabobank

New Zealand agriculture faces an uphill trek in 2023, with the difficulty of the climb set to hinge on four ‘wildcard’ factors, according to a new report by agribusiness banking specialist Rabobank.


DairyNZ CEO Tim Mackle resigns
8 Feb 2023   /

DairyNZ CEO Tim Mackle resigns

DairyNZ chief executive Tim Mackle will step down in June after 15 years in the role.


Boring Oat Milk, Agmardt study: The sustainability v profit challenge
2 Feb 2023   /

Boring Oat Milk, Agmardt study: The sustainability v profit challenge

Growing oats for milk in NZ uses less land and produces fewer greenhouse emissions than a traditional dairy system, but is also less profitable, according to a new study.


New boss to lead ‘next phase of growth’ at Apollo Foods
30 Jan 2023   /

New boss to lead ‘next phase of growth’ at Apollo Foods

Co-founder Sally Gallagher is taking charge of growing exports for the Hawke’s Bay firm, which owns Boring Oat Milk and The Apple Press brands.


Mixed year for Synlait sustainability progress
23 Jan 2023   /

Mixed year for Synlait sustainability progress

Due to reduced milk production, Synlait’s on-farm emissions intensity, per kg of milk solids, increased 1% over the past year, according to its newly published 2022 Sustainability Report.


GDP up 2% in Q3 supported by dairy, meat
16 Dec 2022  

GDP up 2% in Q3 supported by dairy, meat

Gross domestic product rose by 2% in the September 2022 quarter compared with Q2, according to Stats NZ, and it was accompanied by a revision upwards for the June 2022 quarter from 1.7% to 1.9%.


Get in for NZ Champions Of Cheese Awards 2023
16 Dec 2022   /

Get in for NZ Champions Of Cheese Awards 2023

Entry is open for the 2023 NZ Champions of Cheese Awards, which will celebrate 20 years next year.


Meat, dairy, tourist regions to fare best as economy slows – Westpac
14 Dec 2022   /

Meat, dairy, tourist regions to fare best as economy slows – Westpac

The regions producing meat and dairy have fared well but those reliant on horticulture have seen mixed fortunes, according to Westpac.


Fonterra, Nestlé in $210m Brazil jv sale
13 Dec 2022   /

Fonterra, Nestlé in $210m Brazil jv sale

Fonterra and Nestlé are selling their Dairy Partners Americas (DPA) Brazil joint venture to French dairy company Lactalis for BRL 700m, which is approximately NZ$210m, subject to transaction adjustments.


Synlait’s head of people & culture resigns
12 Dec 2022   /

Synlait’s head of people & culture resigns

Synlait Milk’s director of people and culture, Boyd Williams, has resigned.


Fonterra Q1 profit up 84%, lifts guidance
8 Dec 2022  

Fonterra Q1 profit up 84%, lifts guidance

Fonterra posted an 84% jump in normalised profit after tax in the first quarter, off the back of a strong margins in protein portfolio – particularly for casein and caseinate products used in medical nutrition.


Synlait aims for $2.5bn-plus revenue in FY27
6 Dec 2022   /

Synlait aims for $2.5bn-plus revenue in FY27

Growing its foodservice business is one of Synlait seven key priorities for 2023 as it looks to increase its revenue to more than $2.5bn in the next five years.


How could alt-protein disrupt NZ’s dairy and meat industry?
5 Dec 2022   /

How could alt-protein disrupt NZ’s dairy and meat industry?

NZ’s export revenue could fall by a quarter if the rise of alt-dairy sees it grow to take a 60% stake in the global dairy protein market, according to a new report.


Dairy leads Q3 exports increase
5 Dec 2022   /

Dairy leads Q3 exports increase

Total exports of goods and services for the September 2022 quarter increased to $22.2bn, up from $17.7bn in the September 2021 quarter, according to Stats NZ.


SOPI: Exports on track for record $55bn, growth slowing
1 Dec 2022   /

SOPI: Exports on track for record $55bn, growth slowing

NZ’s largest export, dairy, is on track to grow revenue by 6%, horticulture by 5%, and seafood by 4%.


Fonterra funding Riddet advanced milk product research
29 Nov 2022   /

Fonterra funding Riddet advanced milk product research

New milk products with enhanced digestibility are expected to follow the two-year research project being funded by the dairy exporter.


Fonterra confirms March for new capital structure
25 Nov 2022  

Fonterra confirms March for new capital structure

Fonterra has confirmed that its new flexible shareholding capital structure is set to be implemented in late March 2023.


Dairy price rises bolster October export values – Stats NZ
23 Nov 2022   /

Dairy price rises bolster October export values – Stats NZ

Price increases for dairy has helped boost New Zealand’s export values for October according to the latest overseas merchandise trade report from Stats NZ.


A2 Milk warms up guidance
21 Nov 2022  

A2 Milk warms up guidance

A2 Milk presented a slightly improved outlook to shareholders for its 2023 annual results, albeit currency volatility could still come into play.


Fonterra finds buyer for $1bn Chile business
18 Nov 2022  

Fonterra finds buyer for $1bn Chile business

The co-op says it “remains committed to targeting a significant capital return” following the deal.


Milk, meat prices to drop, mixed bag for hort – Westpac
16 Nov 2022  

Milk, meat prices to drop, mixed bag for hort – Westpac

Westpac has cut its 2022/23 milk price forecast to $8.75/kg, with larger than average falls also forecast for meat prices and a ‘mixed bag’ forecast for the horticultural sector over the coming six months.


MilkTechNZ scoops double awards
16 Nov 2022   /

MilkTechNZ scoops double awards

MilkTechNZ has taken out two awards at the Waikato Chamber of Commerce Business Awards, including the Company-X Innovation Award.


Costco contract prompts Good Guise to seek new investment
14 Nov 2022  

Costco contract prompts Good Guise to seek new investment

The paneer maker is on the hunt for new capital as it ramps up production, with further supermarket and exports deals in the pipeline.


Westland bags Walmart deal
10 Nov 2022  

Westland bags Walmart deal

Westgold butter is now on the shelf of 550 Walmart stores across 19 states as part of drive into the US market.


A2 Milk adds ex-Yashili boss to ELT
10 Nov 2022  

A2 Milk adds ex-Yashili boss to ELT

A2 Milk has appointed the former chief executive officer of dairy company Yashili, Chopin Zhang, to the new executive leadership team role of chief supply chain officer.


Fonterra taps Canadian exec to be CFO
9 Nov 2022   /

Fonterra taps Canadian exec to be CFO

Neil Beaumont will join the co-op next year from CAD$500bn investment fund Canada Pension Plan Investment Board.


A2 Milk starts $150m share buy-back
9 Nov 2022  

A2 Milk starts $150m share buy-back

A2 Milk has started its on-market share buyback across the New Zealand and Australian stock exchanges targeting 5% of its stock.


Much Moore Aus growth despite labour shortages having “huge impact”
8 Nov 2022   /

Much Moore Aus growth despite labour shortages having “huge impact”

“We have had to change the way we make things,” says owner Marcus Moore, as the ice cream maker grapples with difficult conditions.


NZ progresses CPTPP dairy dispute with Canada
8 Nov 2022   /

NZ progresses CPTPP dairy dispute with Canada

The government has requested the establishment of a panel to hear its dispute against Canada regarding the administration of dairy tariff rate quotas (TRQs) under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).


Fonterra MD jumps ship to lead NZ Functional Foods

Fonterra MD jumps ship to lead NZ Functional Foods

Fonterra’s global managing director of foodservice has left the dairy co-operative to take charge of setting up the proposed $60m Southland oat milk factory.


Fonterra in A$25m Australian class action settlement
7 Nov 2022   /

Fonterra in A$25m Australian class action settlement

Fonterra Australia has reached an agreement to settle class action proceedings filed on behalf of Australian farmers over a cut in milk payouts in 2016.


Lion, Fonterra, SFF, Foodstuffs finalists in Deloitte Top 200
7 Nov 2022  

Lion, Fonterra, SFF, Foodstuffs finalists in Deloitte Top 200

Fonterra, Foodstuffs North Island, Silver Fern Farms and Lion will all be vying for gongs at the 2022 Deloitte Top 200 Awards. 


Synlait to manufacture A2 Milk products for US market…
4 Nov 2022   /

Synlait to manufacture A2 Milk products for US market…

Synlait says it will manufacture A2 Milk infant formula products bound for the US market after temporary approval to supply was granted by the FDA.


…as A2 Milk shares surge following FDA approval to supply US
4 Nov 2022  

…as A2 Milk shares surge following FDA approval to supply US

A2 Milk Company shares jumped from $5.75 on Thursday morning to $6 today after it received temporary approval to sell its infant milk formula products in the United States.


Tip Top ends 2L tubs of cookies and cream and goody goody gumdrops
28 Oct 2022   /

Tip Top ends 2L tubs of cookies and cream and goody goody gumdrops

Ice cream brand Tip Top has discontinued its two litre tubs of its Goody Goody Gum Drops and Cookies and Cream flavours.


A2 Milk creates supply chain ELT role after COO resigns
26 Oct 2022   /

A2 Milk creates supply chain ELT role after COO resigns

A2 Milk is recruiting to fill a newly created role executive leadership team role of chief supply chain officer following the resignation after ten years of its current chief operations officer, Shareef Khan.


Dairy continues to lead rise in export values
21 Oct 2022  

Dairy continues to lead rise in export values

Goods exports jumped 37% or $1.6bn to $6bn in September 2022, compared with September 2021, according to the government’s latest Overseas merchandise trade statistics.


A2 Milk reviewing exec pay practices
20 Oct 2022  

A2 Milk reviewing exec pay practices

A2 Milk says it is reviewing the company’s remuneration practices to align its Australia and New Zealand executive packages and shareholders’ interests and expectations.


Southern Pastures retains responsible investor tick
19 Oct 2022  

Southern Pastures retains responsible investor tick

Institutional dairy investment fund Southern Pastures has been included in the annual benchmark report released by the Responsible Investment Association Australasia for the seventh year running.


Synlait poaches Fonterra duo for ELT roles
17 Oct 2022   /

Synlait poaches Fonterra duo for ELT roles

The dairy company raids Fonterra’s senior ranks to appoint a director of advanced nutrition and a director of strategy, innovation and corporate.


Fonterra releases sustainable finance framework
17 Oct 2022   /

Fonterra releases sustainable finance framework

Fonterra has released a Sustainable Finance Framework.


Wellington readies for global infant nutrition conference
17 Oct 2022   /

Wellington readies for global infant nutrition conference

A global conference on infant and young children’s nutrition is being held over two days in Wellington on Tuesday and Wednesday this week.


Halo Food CEO heads for the exit
12 Oct 2022   /

Halo Food CEO heads for the exit

Former Keytone Dairy boss Danny Rotman is stepping down as CEO the health & wellness group.


Revenue jumps at Pāmu’s consumer food division but so do costs
12 Oct 2022  

Revenue jumps at Pāmu’s consumer food division but so do costs

Pāmu’s burgeoning consumer food division saw its income jump, with new deer milk products launched and in the pipeline.


Isey Skyr aims to shake up NZ’s $270m yoghurt category
10 Oct 2022   /

Isey Skyr aims to shake up NZ’s $270m yoghurt category

A multi-million dollar investment into a new Taranaki dairy factory is behind one of the latest brands to hit supermarket shelves.


Westland spreads butter footprint with Canary Foods deal
4 Oct 2022   /

Westland spreads butter footprint with Canary Foods deal

Canary Foods says the deal will give it “even greater access to international markets”.


A2 Milk renews agreement with China State Farm
3 Oct 2022  

A2 Milk renews agreement with China State Farm

The A2 Milk Company has renewed its exclusive import and distribution arrangements with China State Farm Agribusiness Holding Shanghai (CSFA) for a term of five years from 1 October 2022.


Fonterra trials sustainable electricity storage at Waitoa
29 Sep 2022   /

Fonterra trials sustainable electricity storage at Waitoa

Fonterra is trialing an organic polymer battery at its Waitoa UHT plant.


Synlait weighs up Temuka future
27 Sep 2022   /

Synlait weighs up Temuka future

Uncertainty over re-opening its troublesome Temuka asset lands Synlait with a $12.2m impairment in an otherwise strong set of annual results, which see it return to profit.


Govt funding for Kaipaki Dairy reusable milk keg initiative
27 Sep 2022   /

Govt funding for Kaipaki Dairy reusable milk keg initiative

A Kaipaki Dairies initiative is among the first recipients of the government’s $50m Plastics Innovation Fund.


Fonterra pilots cargo tracking capability
27 Sep 2022   /

Fonterra pilots cargo tracking capability

Fonterra has commenced a pilot of digital capability that will enable customers to have greater visibility of their cargo through the delivery process.


Fonterra FY22: Poor foodservice, consumer performance offset by ingredients…
22 Sep 2022  

Fonterra FY22: Poor foodservice, consumer performance offset by ingredients…

Foodservice earnings fell 63% but ingredients jumped to more than $900m.


…while the dairy co-op ditches an IPO of its $1.2bn Australian unit
22 Sep 2022  

…while the dairy co-op ditches an IPO of its $1.2bn Australian unit

“We’ve looked at a number of options for our Australian business and have decided that it’s in the co-op’s best interests to maintain full ownership,” says CEO Miles Hurrell.


NewFish global tie-up in push into alt dairy
20 Sep 2022   /

NewFish global tie-up in push into alt dairy

The global collaboration includes Sophie’s Bionutrients and Cawthron Institute and aims to unlock microalgae’s future in food nutrition.


Synlait progresses decarbonisation roadmap
19 Sep 2022   /

Synlait progresses decarbonisation roadmap

Synlait Milk has completed two key projects, which sees the first phase of its decarbonisation roadmap completed.


Price rises drive up dairy export values – Stats NZ
13 Sep 2022   /

Price rises drive up dairy export values – Stats NZ

Price rises across dairy commodities drove an annual increase in the value of exports for dairy products, according to Stats NZ.


Fonterra bill will help de-risk NZ’s $22bn dairy sector – govt
13 Sep 2022   /

Fonterra bill will help de-risk NZ’s $22bn dairy sector – govt

An amendment bill introduced to Parliament today will provide greater economic security for New Zealanders by supporting Fonterra’s move to a new capital structure, says the government.


Food Safety Minister Whatiri to address World Dairy Summit
13 Sep 2022   /

Food Safety Minister Whatiri to address World Dairy Summit

Food Safety Minister Meka Whaitiri will address the World Dairy Summit in New Delhi this week, the flagship event of the International Dairy Federation.


A2 Milk, Synlait get China sign-off
12 Sep 2022   /

A2 Milk, Synlait get China sign-off

Synlait has received regulatory sign-off to continue to sell its major client A2 Milk’s infant milk formula in China.


Fonterra lifts guidance
9 Sep 2022  

Fonterra lifts guidance

Dairy giant Fonterra has increased its forecast for next year’s earnings lifting its forecast earnings guidance to 45c to 60c per share, up from 30c to 45c per share.


Fonterra chases health & wellness market with new B2B brand
7 Sep 2022   /

Fonterra chases health & wellness market with new B2B brand

“We see a clear opportunity to win in critical segments of the global wellbeing nutrition space,” says chief innovation and brand officer, Komal Mistry-Mehta.


Whey by-product startup targeting NZ sweet spot

Whey by-product startup targeting NZ sweet spot

WheyTech Bionics NZ is developing what could be the first New Zealand-made sweetener to market – and one that diabetics could also use.


NZ Creameries, Much Moore celebrate ice cream awards
5 Sep 2022   /

NZ Creameries, Much Moore celebrate ice cream awards

Talley’s ice cream business NZ Creameries and privately-owned Much Moore Ice Cream both took home a swag of silverware at the 2022 NZ Ice Cream and Gelato Awards.


Little ‘Lato first, Tip Top tops Ice Cream & Gelato Awards
2 Sep 2022   /

Little ‘Lato first, Tip Top tops Ice Cream & Gelato Awards

Auckland artisan gelato maker Little ‘Lato has been named Supreme Boutique Champion at the NZ Ice Cream & Gelato Awards.


Plant-based versus bovine milk nutrition – what did Riddet Institute find?
1 Sep 2022   /

Plant-based versus bovine milk nutrition – what did Riddet Institute find?

Are plant-based beverages and bovine milk nutritionally similar?


Perspectives: Is ‘synthetic’ milk the whey forward?
31 Aug 2022   /

Perspectives: Is ‘synthetic’ milk the whey forward?

The dairy industry is on the cusp of change with global giants like Fonterra looking to develop fermentation-derived proteins and synthetic milk starting to arrive.


Government to review dairy export quota allocation
31 Aug 2022   /

Government to review dairy export quota allocation

The Government intends to review the dairy quota allocation system to maximise export returns for New Zealand’s dairy industry, Agriculture Minister Damien O’Connor announced.


A2 Milk earnings jump 59%, $150m buy back launched
29 Aug 2022  

A2 Milk earnings jump 59%, $150m buy back launched

“We are pleased with the progress that has been made in stabilising the business, refreshing our strategy and improving our execution,” says MD David Bortolussi.


Latest Synlait exec departure confirmed
29 Aug 2022   /

Latest Synlait exec departure confirmed

Synlait’s director of sustainability, brand, beverages and cream, Hamish Reid, is leaving the business.


UK trade minister to visit Miraka 
29 Aug 2022   /

UK trade minister to visit Miraka 

Taupō low carbon dairy processing business Miraka will host the United Kingdom Secretary of State for International Trade, Anne-Marie Trevelyan, during the minister’s first visit to Aotearoa New Zealand.


Pāmu earnings up
26 Aug 2022  

Pāmu earnings up

Landcorp Farming, trading as Pāmu, has reported an earnings before interest, tax, depreciation, amortisation and revaluations of $75m for the year ended 30 June 2022.


Fonterra cuts milk price forecast
26 Aug 2022  

Fonterra cuts milk price forecast

Fonterra has cut its milk price forecast for the current year due to falling global dairy prices.


Westland Milk reduces coal use by 20%
26 Aug 2022  

Westland Milk reduces coal use by 20%

Westland Milk Products has reduced coal consumption at its Hokitika plant by 20% in the 2021-2022 season compared to the previous year.


Fonterra co-founds alt-dairy startup
25 Aug 2022   /

Fonterra co-founds alt-dairy startup

The joint venture aims to commercialise precision fermentation IP developed in partnership with Royal DSM.


Daisy Lab adds Westpac cash to coffers
24 Aug 2022  

Daisy Lab adds Westpac cash to coffers

The precision fermentation startup has been selected to share just over a $1m in funding from the bank.


Little Island puts call out for strategic investor
23 Aug 2022   /

Little Island puts call out for strategic investor

The plant-based food manufacturer is looking for investors to back both its short and long-term growth ambitions.


Synlait, Fonterra add to executive teams
23 Aug 2022   /

Synlait, Fonterra add to executive teams

The dairy companies both make internal promotions to fill gaps in their executive teams – with Synlait also losing a director.


Raw milk operators fined
23 Aug 2022   /

Raw milk operators fined

Two unregistered raw milk operators have been fined for separate incidents of trying to circumvent the rules that regulate the sale and supply of the product.


Record golds in 2022 NZ Ice Cream and Gelato Awards
22 Aug 2022   /

Record golds in 2022 NZ Ice Cream and Gelato Awards

A record number of gold medals have been awarded in this year’s NZ Ice Cream and Gelato Awards.


Global dairy top 20 turnover jumps 9.3% – Rabobank
19 Aug 2022  

Global dairy top 20 turnover jumps 9.3% – Rabobank

The combined turnover of Rabobank’s Global Dairy Top 20 companies jumped by 9.3% in US dollar terms, following the prior year’s decline of 0.1%.


“We’ve got 100 farms for 100 years” – the view from Miraka
17 Aug 2022  

“We’ve got 100 farms for 100 years” – the view from Miraka

Diversification and collaboration are set to play a big role for the dairy company as it adapts to a future food environment.


FPI – Annual food price inflation back over 7%
12 Aug 2022   /

FPI – Annual food price inflation back over 7%

Annual food price inflation has breached the 7% mark for the second time this year – just the second time in a decade – with the latest data showing food prices 7.4% higher in July this year than last.


Fonterra to hit upper end of guidance
12 Aug 2022  

Fonterra to hit upper end of guidance

Fonterra has released an upbeat forecast for its full-year profit.


Froneri bounces back from $10m Kāpiti write-down
11 Aug 2022   /

Froneri bounces back from $10m Kāpiti write-down

The global ice cream company starts to make ground in NZ following its 2019 entry via the $380m Tip Top deal with Fonterra, and then the pandemic hitting.


No dice from FDA for NZ dairy companies
10 Aug 2022   /

No dice from FDA for NZ dairy companies

The dairy company’s share price drops 10% after the FDA defers applications to import infant milk formula into the US.


“NZ is a major opportunity in our growth journey” – Chobani
9 Aug 2022   /

“NZ is a major opportunity in our growth journey” – Chobani

The global brand is coming after NZ’s $270m yoghurt category, launching three ranges of its flagship greek yoghurt in Countdown.


Amateur cheesemaker award opens for entries
9 Aug 2022   /

Amateur cheesemaker award opens for entries

Students and hobby cheesemakers are invited to the revamped Curds & Whey Amateur Cheesemaker Award which is part of the NZ Champions of Cheese Awards.


Goodman Fielder NZ’s billion dollar milestone
4 Aug 2022  

Goodman Fielder NZ’s billion dollar milestone

The food manufacturer is distancing itself from the red ink in its recent past, hitting a revenue milestone and improving its operating profit despite 2021’s challenging market conditions.


Fonterra goes low carbon at Waitoa
4 Aug 2022   /

Fonterra goes low carbon at Waitoa

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A2 Milk: No US FDA approval… yet
3 Aug 2022   /

A2 Milk: No US FDA approval… yet

Trading resumes in A2 Milk shares after the company says it is still awaiting a decision from the FDA clearing the way for its infant milk powder to go the US.


Westland’s new $40m butter factory opens
2 Aug 2022   /

Westland’s new $40m butter factory opens

Westland Milk Products has officially opened its new $40m butter plant in Hokitika.


Fonterra to close Brightwater milk powder plant
1 Aug 2022  

Fonterra to close Brightwater milk powder plant

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Synlait restructuring reaches the C-suite
29 Jul 2022   /

Synlait restructuring reaches the C-suite

The company cuts four executive roles and adds five as part of a strategy refresh built around nutrition, ingredients, consumer and foodservice opportunities.


Canary Squeeze flying into export markets

Canary Squeeze flying into export markets

The premium dairy company is taking its single serve sustainable butter product global, supported by a significant investment in its Hamilton plant.


Synlait wins early costs award as $8.7m Talbot Forest wrangle winds on
26 Jul 2022   /

Synlait wins early costs award as $8.7m Talbot Forest wrangle winds on

Dairyworks is granted an application for wasted costs in a judgment that sheds some light on the court case.


Fonterra promotes Parsons into new MD role to oversee longterm plans
26 Jul 2022   /

Fonterra promotes Parsons into new MD role to oversee longterm plans

The second of two newly created executive roles is filled by an internal appointment, this time by promoting GM capital strategy Emma Parsons.


Casheta takes crown at Vegan Cheese Awards
25 Jul 2022   /

Casheta takes crown at Vegan Cheese Awards

The supreme gong at this year’s Vegan Cheese Awards went to Casheta by Savour, a cashew-based feta-style vegan cheese.


Miraka signs new Chinese customer
20 Jul 2022   /

Miraka signs new Chinese customer

The dairy company secures a new UHT milk supply contract and renews its deal with its first Chinese customer, Mengniu.


Fonterra officially launches first electric milk tanker
18 Jul 2022   /

Fonterra officially launches first electric milk tanker

New Zealand’s first electric milk tanker has been officially launched by Minister for Energy and Resources Megan Woods in Morrinsville.


290 entrants for NZ Ice Cream & Gelato awards
15 Jul 2022   /

290 entrants for NZ Ice Cream & Gelato awards

Some 290 entries spanning ice creams, gelatos, sorbets and dairy-free frozen products have been received for the NZ Ice Cream & Gelato Awards being judged on Saturday.


New Zealand’s ‘dairy 2.0’ opportunity – Daisy Lab
14 Jul 2022   /

New Zealand’s ‘dairy 2.0’ opportunity – Daisy Lab

“Nobody else knows the biochemistry of milk as well as our ecosystem does,” says precision fermentation startup co-founder Irina Miller.


FPI: Annual food inflation remains high at 6.6%
13 Jul 2022   /

FPI: Annual food inflation remains high at 6.6%

Grocery prices continue to climb and are now 7.6% higher than this time last year, with milk, potato crisps and yoghurt notably more expensive.


PM misleading in EU trade deal claims – Nats
12 Jul 2022  

PM misleading in EU trade deal claims – Nats

The National Party has criticised the prime minister’s claim the that Free Trade Agreement New Zealand signed with the European Union was “arguably one of the best dairy deals that anyone has had with the EU”.


Fresh chair for DCANZ
12 Jul 2022   /

Fresh chair for DCANZ

The Dairy Companies Association of New Zealand is set to welcome Matt Bolger as its new Independent chair upon the retirement of Malcolm Bailey from the role on 16 August 2022.


Synlait increases forecast milk price
6 Jul 2022  

Synlait increases forecast milk price

Synlait has increased its forecast base milk price forecast for the 2022 / 2023 season to $9.50/kgMS from $9.00/kgMS.


Calling all Vegan Cheese Makers
5 Jul 2022   /

Calling all Vegan Cheese Makers

Registrations are now open for the annual Vegan Society Cheese Awards.


Move Logistics creates dairy, oceans GMs
5 Jul 2022   /

Move Logistics creates dairy, oceans GMs

Move Logistics Group is looking to grow its supply chain market share by expanding its presence in dairy and oceans, appointing two new general managers to lead its efforts in those sectors.


…but not everyone is happy with the “miserly” result
1 Jul 2022  

…but not everyone is happy with the “miserly” result

The small red meat quotas are a missed opportunity and will continue to constrain exporters, MIA says.


NZ Champions of Cheese 2022 crowned
1 Jul 2022   /

NZ Champions of Cheese 2022 crowned

A total of 29 trophies were doled out at the NZ Champions of Cheese Awards in Hamilton last night.


Fonterra finalises GDT sell-down
30 Jun 2022  

Fonterra finalises GDT sell-down

Fonterra has sold down its 100% ownership of the global dairy auction platform Global Dairy Trade to New Zealand’s Exchange and the European Energy Exchange.


Govt eyes $750m opportunity with support for Spring Sheep $20m scale-up
27 Jun 2022   /

Govt eyes $750m opportunity with support for Spring Sheep $20m scale-up

Growing sheep milk supply, new market development and NPD to build on its range of infant formula, milk powder and nutrition products are all part of $20m programme.


New positions, promotions at Fonterra sees 34-year veteran depart
23 Jun 2022   /

New positions, promotions at Fonterra sees 34-year veteran depart

The co-op is adding two new management roles and merging two business units, prompting the departure of 34-year veteran Kelvin Wickham.


EU-NZ FTA: NZ cheesemakers want name use retained
21 Jun 2022   /

EU-NZ FTA: NZ cheesemakers want name use retained

New Zealand cheesemakers have called on the government not to give in to the “demands of Eurocrats” which would strip them of the right to use common description terms like Feta, Parmesan, and Gruyere, as part of EU-New Zealand Free Trade Agreement negotiations.


Pāmu product takes best dairy ingredient at industry ‘World Cup’
17 Jun 2022   /

Pāmu product takes best dairy ingredient at industry ‘World Cup’

A deer milk product developed by the state-owned enterprise has won a global dairy innovation accolade.


FPI: Food price inflation creeps up again to 6.8%…
14 Jun 2022   /

FPI: Food price inflation creeps up again to 6.8%…

Food price inflation is back to where it was in February – a decade long record at the time – as groceries push the index up.


Synlait loses legal lead
13 Jun 2022   /

Synlait loses legal lead

Synlait has announced the resignation of its legal director, Deborah Marris, who oversaw a number of significant transactions, including the acquisitions of Talbot Forest Cheese and Dairyworks.


SFFF invests $473k in Dairy Women’s Network
13 Jun 2022   /

SFFF invests $473k in Dairy Women’s Network

The Ministry for Primary Industries’ Sustainable Food and Fibre Futures fund is investing $473,261 over two years to enable and empower women working in the dairy sector.


Record $52bn food & fibre exports
9 Jun 2022  

Record $52bn food & fibre exports

Export revenue from New Zealand’s food and fibre sector is expected to reach a record $52.2bn in the year to June 2022, says the government.


He Waka Eke Noa moots farm-level levy as ETS alternative
8 Jun 2022   /

He Waka Eke Noa moots farm-level levy as ETS alternative

The partnership says its proposal will help farmers and growers transition to lower-emissions food production while maintaining viable businesses.


Fonterra shares jump on $50m buyback
8 Jun 2022   /

Fonterra shares jump on $50m buyback

Dairy co-op Fonterra is buying back $50m in its own shares because it believes the price is too low.


Dairy adds voice to EU trade access criticism
2 Jun 2022   /

Dairy adds voice to EU trade access criticism

The Dairy Companies Association of New Zealand is calling for the European Union to move beyond dairy market protectionism in its trade negotiation with New Zealand.


Perspectives: It’s World Milk Day but new research raises questions over NZ dairy
1 Jun 2022   /

Perspectives: It’s World Milk Day but new research raises questions over NZ dairy

A study of nitrate pollution looks at the industry’s impact on fresh water.


Call for entries for NZ Ice Cream and Gelato Awards
1 Jun 2022   /

Call for entries for NZ Ice Cream and Gelato Awards

The NZ Ice Cream Manufacturers Association has opened entries for the 2022 New Zealand Ice Cream & Gelato Awards.


Fonterra makes liquidity move after share price fall
30 May 2022  

Fonterra makes liquidity move after share price fall

Fonterra has moved to boost liquidity in its share trading platform, Fonterra Shareholders Market, in response to its sinking share price, which has wiped more than $1bn of its value since April.


Greenpeace criticises dairy after research shows water becoming “undrinkable”
30 May 2022   /

Greenpeace criticises dairy after research shows water becoming “undrinkable”

Greenpeace is calling for the phasing out of synthetic nitrogen fertiliser and a reduction in dairy stocking rates following the publication of research into the affect of dairy farming on water in Canterbury.


Fonterra earnings slide on macro and margin challenges
26 May 2022  

Fonterra earnings slide on macro and margin challenges

The dairy giant’s earnings are down 15% year-to-date as margins are squeezed and its overseas markets are disrupted by China lockdowns, the economic crisis in Sri Lanka and the Russia-Ukraine conflict.


NZ food firms finalists in global dairy innovation awards
25 May 2022  

NZ food firms finalists in global dairy innovation awards

New Zealand sheep and deer milk producers have made the shortlist of the World Dairy Innovation Awards 2022.


Southern Pastures targeting $500m B2B sales with NZGFP – CEO Neil Senauer
24 May 2022   /

Southern Pastures targeting $500m B2B sales with NZGFP – CEO Neil Senauer

NZ Grass Fed Products, which sits alongside SP’s Lewis Road Creamery, is targeting growth through the wholesale and foodservice channels.


Rabobank forecasts $9kg/ms farmgate milk price, but uncertainty continues
24 May 2022   /

Rabobank forecasts $9kg/ms farmgate milk price, but uncertainty continues

Rabobank has forecast a farmgate milk price of $9.00kg/MS for the 2022/23 dairy season, with a ‘fog of uncertainty’ clouding demand.


Dairy, meat lead value of April exports up – Stats NZ
23 May 2022   /

Dairy, meat lead value of April exports up – Stats NZ

Exports were up 17% compared with April last year, according to Stats NZ, with food commodities performing strongly.


A2 Milk faces NZ class action
18 May 2022   /

A2 Milk faces NZ class action

The dairy company is now facing a class action in the NZ High Court, which relates to earning disclosures in the same period as Australian claims.


Fifth consecutive fall for global diary prices
18 May 2022  

Fifth consecutive fall for global diary prices

Dairy prices have fallen for the fifth consecutive time at the fortnightly global dairy sale, with the average price dropping 2% to US$4,432 a tonne (NZ$6,970).


A2 Milk CFO quits, replacement announced
17 May 2022   /

A2 Milk CFO quits, replacement announced

The dairy company taps a former colleague of boss David Bortolussi to become its new finance lead.


NZ Dairy Industry Award winners named
16 May 2022  

NZ Dairy Industry Award winners named

Craigmore Farming Services from Canterbury and North Otago was named the 2022 Fonterra Responsible Dairying Award winner at the New Zealand Dairy Industry Awards on Saturday night.


Food Moves: Fonterra pounces on Lion’s sales head, plus changes at GWF, Prolife, Kraft Heinz …and more!
13 May 2022   /

Food Moves: Fonterra pounces on Lion’s sales head, plus changes at GWF, Prolife, Kraft Heinz …and more!

The latest food and beverage industry appointments and people moves.


NZ takes on Canada after missing $68m worth of dairy access
13 May 2022  

NZ takes on Canada after missing $68m worth of dairy access

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Snarled supply chain, falling dairy – the impact of China’s lockdown on NZ F&B, agri
10 May 2022   /

Snarled supply chain, falling dairy – the impact of China’s lockdown on NZ F&B, agri

Shanghai port congestion could prolong elevated freight prices, while the foodservice shutdown means strong headwinds for dairy demand.


Fonterra revises down forecast milk price
9 May 2022  

Fonterra revises down forecast milk price

Fonterra has dropped its forecast milk price range for the season from $9.30 – $9.90 per kgMS to $9.10 – $9.50 per kgMS.


Company fined $30,000 for illegal raw milk sales
5 May 2022   /

Company fined $30,000 for illegal raw milk sales

A milk business has been fined $30,000 for not following the rules that regulate the supply and sale of raw milk.


Boring Oat Milk gears up for export

Boring Oat Milk gears up for export

Boring Oat Milk’s Morgan Maw is casting her eye around international markets to assess the next move for what is New Zealand’s first fully domestically manufactured oat milk.


Fonterra expands seaweed trial
2 May 2022   /

Fonterra expands seaweed trial

Fonterra is expanding its on-farm trials of methane reducing Asparagopsis seaweed.


Dairy, beef drive export growth due to higher prices
29 Apr 2022   /

Dairy, beef drive export growth due to higher prices

The value of total good exports rose strongly in March 2022, driven by increases in dairy products, beef, and aluminium.


Ours Truly A3 milk recall
28 Apr 2022   /

Ours Truly A3 milk recall

Kiwi Organic Dairy Equities is recalling a specific batch of its Ours Truly brand Organic Full Cream A3™ Milk due to the possible presence of Listeria monocytogenes.


Fonterra criticises Open Country Dairy’s Castalia report
19 Apr 2022   /

Fonterra criticises Open Country Dairy’s Castalia report

Dairy company Fonterra has criticised the conclusions of a report commissioned by its largest competitor for New Zealand raw milk, Open Country Dairy, on the likely impact of its proposed restructuring.


Wednesday Letter: Prem Maan on why food producers must stay focused on climate change
13 Apr 2022   /

Wednesday Letter: Prem Maan on why food producers must stay focused on climate change

In the face of other challenges, some have put their environmental policies on the backburner but that is dangerous short-term thinking, writes Southern Pastures’ Prem Maan. 


Food and fibre workers welcomed, but make it quick and allow more – MIA, DairyNZ
12 Apr 2022   /

Food and fibre workers welcomed, but make it quick and allow more – MIA, DairyNZ

Under-pressure meat processors are among business that will benefit from an increase in the class border exceptions and caps.


Dairy close to 40% of Māori authority exports
11 Apr 2022   /

Dairy close to 40% of Māori authority exports

Milk powder, butter, and cheese made up 39% of total exports by Māori authorities in the December 2021 quarter, according to Stats NZ.


HVN invests $1.4m into whole milk powder study
7 Apr 2022   /

HVN invests $1.4m into whole milk powder study

A study to examine the effects of milk powder consumption on nutritional value and digestive comfort has received funding from the High-Value Nutrition Ko Ngā Kai Whai Painga National Science Challenge


Lewis Road Creamery gets new GM
6 Apr 2022   /

Lewis Road Creamery gets new GM

A new general manager is taking the reins at Lewis Road Creamery bringing years of marketing and F&B industry experience to the premium consumer dairy brand.


Grocery Market Overview: Dairy drives growth as annual supermarket spend nears $17bn
4 Apr 2022   /

Grocery Market Overview: Dairy drives growth as annual supermarket spend nears $17bn

But rising costs are forcing consumers to re-think how they spend, says IRI.


Gouda job! NZ Champions of Cheese 2022 medals dished out
4 Apr 2022   /

Gouda job! NZ Champions of Cheese 2022 medals dished out

The New Zealand Specialist Cheesemakers Association has announced 254 medal winners in the NZ Champions of Cheese Awards 2022.


Synlait strong in H1 but headwinds in the offing
1 Apr 2022  

Synlait strong in H1 but headwinds in the offing

The dairy company’s turnaround is gaining traction with its ingredients business leading growth.


NZ milk production falls 8.2% in Feb – Fonterra
1 Apr 2022  

NZ milk production falls 8.2% in Feb – Fonterra

Fonterra has reported a fall in milk production of 8.2% in New Zealand in February, when compared with the same month last year, according to its latest global dairy update.


DairyNZ board gets new directors
29 Mar 2022   /

DairyNZ board gets new directors

Margaret Devlin fills an existing vacancy, while Mark Todd replaces Peter Schuyt who will be stepping down in October after almost nine years on the Board.


Synlait shtum on $8.8m Talbot Forest court action
25 Mar 2022   /

Synlait shtum on $8.8m Talbot Forest court action

The dairy company has launched legal action against the vendors of loss-making Talbot Forest Cheese Co, which Synlait bought for close to $40m.


Rising prices prompts Synlait to lift forecast
24 Mar 2022  

Rising prices prompts Synlait to lift forecast

The company said today’s update was outside of its usual cycle of January, May and September updates but there had been a significant increase in all global commodity prices.


Fonterra exits Russia, Unifood joint venture
22 Mar 2022   /

Fonterra exits Russia, Unifood joint venture

Dairy giant Fonterra is exiting its businesses in Russia and withdrawing from a joint venture partnership with Unifood.


Food Moves: Southern Pastures’ new food boss,  Kraft Heinz senior recruit, East Imperial adds in US and more…
18 Mar 2022   /

Food Moves: Southern Pastures’ new food boss, Kraft Heinz senior recruit, East Imperial adds in US and more…

Neil Senauer becomes the inaugural CEO of Southern Pastures’ wholesale and foodservice business.


Fonterra foodservice suffers as costs soar
17 Mar 2022  

Fonterra foodservice suffers as costs soar

A higher milk price heaped pressure on the dairy co-op’s foodservice and consumer margins, leading to a fall in interim profit.


Fonterra CFO Marc Rivers resigns
17 Mar 2022  

Fonterra CFO Marc Rivers resigns

Fonterra will shortly begin recruiting to replace Marc Rivers, who has resigned after four years with the co-op.


Spring Sheep Milk wins innovation award
14 Mar 2022  

Spring Sheep Milk wins innovation award

Spring Sheep Milk Co has won an innovation award for its Gentle Sheep Toddler Milk Drink.


Dairy commodity prices up, production down – Rabobank
11 Mar 2022  

Dairy commodity prices up, production down – Rabobank

Rabobank’s latest global dairy report says commodity prices are expected to remain elevated because production growth is not keeping up with demand.


Prem Maan on a ‘super-premium’ Lewis Road launch, cost inflation and raising prices
10 Mar 2022   /

Prem Maan on a ‘super-premium’ Lewis Road launch, cost inflation and raising prices

The boutique dairy firm is balancing inflationary pressure with its strategy to drive the premiumisation of commodity dairy products.


Danone takes B Corp crown for ANZ F&B
10 Mar 2022   /

Danone takes B Corp crown for ANZ F&B

Dairy giant Danone has become the largest certified B Corporation food and drink company in Australia and New Zealand.


In numbers: NZ’s food exports to Russia
7 Mar 2022   /

In numbers: NZ’s food exports to Russia

New Zealand’s food exports to Russia total around $233m, and include dairy, apples, seafood and wine.


“We want to become a $100m business in five years” – Maui Milk
4 Mar 2022   /

“We want to become a $100m business in five years” – Maui Milk

The sheep milk company is looking to diversify from its heavy reliance on the Chinese market, with the US, Japan and Singapore in its sights.


Foreign worker scheme boosted for dairy season
3 Mar 2022   /

Foreign worker scheme boosted for dairy season

Federated Farmers is relieved hundreds of extra international dairy workers can enter New Zealand this season.


Global dairy price index hits record high
2 Mar 2022   /

Global dairy price index hits record high

Global dairy prices have hit a new record.


Fonterra milk collection drops 6.1% in Jan
1 Mar 2022   /

Fonterra milk collection drops 6.1% in Jan

Fonterra’s New Zealand milk collection dropped 6.1% to in January compared with the same month last year.


Watch: DairyNZ’s less-methane work
1 Mar 2022   /

Watch: DairyNZ’s less-methane work

DairyNZ gives us the lowdown on its less-methane work and how it hopes to reduce emissions to help New Zealand meet its greenhouse gas targets.


Dairy exports jump in Jan, overall trade deficit – Stats NZ
28 Feb 2022   /

Dairy exports jump in Jan, overall trade deficit – Stats NZ

New Zealand exports of milk powder, butter, cheese, jumped 15% to $1.6bn in January when compared with the same month a year earlier.


LETF jumpstarts Fonterra’s first electric tanker
25 Feb 2022   /

LETF jumpstarts Fonterra’s first electric tanker

Fonterra is to operate New Zealand’s first electric 46T milk tanker.  


Fonterra holds earnings after lifting milk price forecast – again
24 Feb 2022  

Fonterra holds earnings after lifting milk price forecast – again

Fonterra has lifted its farmgate milk price for the second time this year off the back of a rise in global prices and increased demand.


Little ‘Lato follows Farro with Moore Wilson’s launch
23 Feb 2022   /

Little ‘Lato follows Farro with Moore Wilson’s launch

The boutique gelato business has secured shelf space in two of the country’s leading premium retailers.


A closer look: A2 Milk’s products, performance and price
22 Feb 2022   /

A closer look: A2 Milk’s products, performance and price

Its Australian market share grows, but a wobbly US performance continues, and in-roads are made in China.


A2 first half profit dives, green shoots sighted
21 Feb 2022  

A2 first half profit dives, green shoots sighted

The company says the results are inline with expectations and that it has made progress on its turnaround initiatives.


Anchor goes plant-based in the South Island
18 Feb 2022   /

Anchor goes plant-based in the South Island

Fonterra-owned Anchor has launched its plant-based milk bottles in supermarkets in the South Island.


Strong food sector demand sees MHM interim profit surge 279%
18 Feb 2022  

Strong food sector demand sees MHM interim profit surge 279%

Listed food industry supplier MHM Automation has reported a net profit of $1.41m for the six months to December 2021, up 279% on the previous corresponding period.


Fonterra sells down GDT ownership
17 Feb 2022  

Fonterra sells down GDT ownership

Fonterra is selling down its 100% ownership of the Global Dairy Trade platform, bringing in the European Energy Exchange and the New Zealand Stock Exchange.


Westland Milk Products trucks through severe weather
15 Feb 2022  

Westland Milk Products trucks through severe weather

weather which saw a state of emergency declared on the West Coast after flooding caused widespread damage


Last call for cheese award entries
11 Feb 2022   /

Last call for cheese award entries

Entries close today for this year’s Champions of Cheese Awards.


Omicron keeps freeze on Duck Island retail expansion
10 Feb 2022   /

Omicron keeps freeze on Duck Island retail expansion

But a new factory boosts production five-fold, supporting plans to expand into more supermarkets.


2022 another profitable year for food exports – Rabobank
4 Feb 2022   /

2022 another profitable year for food exports – Rabobank

Global supply shortages will underpin firm commodity prices for dairy this year, while returns for kiwifruit will stay elevated thanks to strong demand, says Rabobank.


Talley’s Group sues TVNZ
10 Dec 2021   /

Talley’s Group sues TVNZ

The company says the broadcaster made a series of false and defamatory claims about its operations.


Fonterra’s new structure gets green light
9 Dec 2021  

Fonterra’s new structure gets green light

Fonterra shareholders have overwhelmingly backed changes to the co-op’s capital structure with 85.16% of farmer votes supporting them.


Synlait’s Talbot Forest Cheese in brand push
8 Dec 2021   /

Synlait’s Talbot Forest Cheese in brand push

Synlait’s speciality cheese business, Talbot Forest Cheese, has launched a new brand campaign following a packaging redesign.


Ingredients, personal care, healthy ageing – Pāmu milks deer idea for future growth
7 Dec 2021   /

Ingredients, personal care, healthy ageing – Pāmu milks deer idea for future growth

The SOE targets the healthy ageing category for the longterm commercial success of its ‘world first’ product.


New sustainability award for Champions of Cheese
7 Dec 2021   /

New sustainability award for Champions of Cheese

A new award recognising and promoting sustainability has been created as part of the 2022 New Zealand Champions of Cheese Awards. 


Synlait, Danone partner on $3.8m regenerative project
6 Dec 2021   /

Synlait, Danone partner on $3.8m regenerative project

The initiative with AgReseach seeks evidence that regenerative practices can make a positive difference in sustainable food production.


High milk prices eat into Fonterra earnings
3 Dec 2021  

High milk prices eat into Fonterra earnings

The dairy co-op’s first quarter EBIT falls 24% drop and it revises earning guidance down as its milk price forecast hits a new high.


Synlait’s total GHG emissions rise, but fall per tonne of product
1 Dec 2021   /

Synlait’s total GHG emissions rise, but fall per tonne of product

Synlait Milk saw its total greenhouse gas emissions rise in the year to July 2021 but it fell significantly per product tonne for both its on- and off-farm work.


All Good backs $50m Southland oat factory
29 Nov 2021   /

All Good backs $50m Southland oat factory

The purpose-led company commits to being a customer of New Zealand’s first purpose-built oat milk processing factory.


New boss for FoodWaikato
26 Nov 2021   /

New boss for FoodWaikato

Dairy product manufacturer New Zealand Food Innovation Waikato has appointed Tony Giles as its new chief executive.


A2 Milk to defend second class action
25 Nov 2021  

A2 Milk to defend second class action

The A2 Milk Company says it will defend a second class action filed in the Supreme Court of Victoria in Australia, this time by Shine Lawyers.


NZ-founded New Culture gets Kraft Heinz backing in US$25m raise
24 Nov 2021   /

NZ-founded New Culture gets Kraft Heinz backing in US$25m raise

The funds will be ploughed into scale-up for a US foodservice launch of animal-free mozzarella next year.


Just Life, Synlait appointments
24 Nov 2021  

Just Life, Synlait appointments

Just Life Group has hired Graeme Read to be its chief financial officer.


Alt-dairy startup Daisy Lab plants seed for funding
17 Nov 2021   /

Alt-dairy startup Daisy Lab plants seed for funding

Irina Miller’s foodtech startup is seeking to develop alternative dairy proteins for a new generation of vegan foods.


A2 Milk’s new growth strategy: People & planet top of 5 strategic priorities
17 Nov 2021  

A2 Milk’s new growth strategy: People & planet top of 5 strategic priorities

The company has unveiled its new strategy to return it to the high-growth business it was pre-Covid.


Former dairy industry leader John Luxton passes
17 Nov 2021  

Former dairy industry leader John Luxton passes

Former dairy industry leader and minister of agriculture John Luxton has passed away, aged 75.


Townshend off Tatua board after social media posts
17 Nov 2021  

Townshend off Tatua board after social media posts

Tatua director Ross Townshend has resigned from the Waikato dairy co-operative’s board with immediate effect.


‘Cheese squeeze’ hits Waimata
16 Nov 2021   /

‘Cheese squeeze’ hits Waimata

The country’s largest independent cheese maker has been forced to end a retail product it has been making for 27 years.


COP26 pledge “massive structural risk for NZ food and fibre” – KPMG’s Proudfoot
12 Nov 2021   /

COP26 pledge “massive structural risk for NZ food and fibre” – KPMG’s Proudfoot

New Zealand’s signing of the US/EU Global Methane Pledge at COP26 could become a “massive structural risk to our food and fibre sector,” says KPMG’s Ian Proudfoot.


Fonterra capital structure vote 9 December
10 Nov 2021  

Fonterra capital structure vote 9 December

Fonterra’s proposed changes to its capital structure will be put to a shareholder vote on 9 December.


Westland to spread overseas butter footprint after $40m investment
9 Nov 2021  

Westland to spread overseas butter footprint after $40m investment

US consumers are a big focus for the dairy company’s increased volumes, and the UK is on the agenda thanks to the proposed FTA.


Fonterra partners with US biotech “founding father” in designer dairy push
5 Nov 2021   /

Fonterra partners with US biotech “founding father” in designer dairy push

The tie-up is part of the exporter’s expansion of its higher value active living ingredient business.


Angel Food looks further abroad for bite of global dairy-free cheese market
29 Oct 2021   /

Angel Food looks further abroad for bite of global dairy-free cheese market

The company is exploring a licensing deal as it looks to leverage New Zealand’s global reputation for dairy products.


A2 Milk reset puts China, infant formula, innovation at core
27 Oct 2021  

A2 Milk reset puts China, infant formula, innovation at core

Dairy company A2 Milk has set a target of $2bn revenue within five years by “capturing its full potential” in the China infant formula market and ramping up innovation.


Fonterra hikes milk payout forecast to record level
26 Oct 2021  

Fonterra hikes milk payout forecast to record level

Dairy giant Fonterra has hiked its 2021/22 farmgate milk price range to $7.90 – $8.90 per kg of milk solids, with a midpoint of $8.40 per kg, up from $8.


Westland Milk decision in Court of Appeal this week
26 Oct 2021   /

Westland Milk decision in Court of Appeal this week

An appeal related to the Overseas Investment Office decision to approve the sale of Westland Milk Products to Chinese conglomerate Yili is set to start on Wednesday.


Olam Food Ingredients rebrands
26 Oct 2021  

Olam Food Ingredients rebrands

Olam Food Ingredients has rebranded itself as ‘ofi’.


A2 Milk responds to more class action moves
22 Oct 2021   /

A2 Milk responds to more class action moves

The A2 Milk Company says it is aware of reports about a potential class action led by Australia’s Shine Lawyers but has no knowledge of any further legal proceedings.


Fonterra joins Medical Nutrition International Industry
19 Oct 2021  

Fonterra joins Medical Nutrition International Industry

Dairy company Fonterra has joined the Medical Nutrition International Industry (MNI), which represents companies that offer specialised nutrition solutions and services designed to meet the needs of patients. 


Fonterra to push foodservice to $5bn
15 Oct 2021  

Fonterra to push foodservice to $5bn

Dairy company Fonterra wants to increase the value of its $3bn foodservice business, Anchor Food Professionals, to $5bn.


Meadow Fresh makes recycled plastic moves for milk bottle
12 Oct 2021   /

Meadow Fresh makes recycled plastic moves for milk bottle

Goodman Fielder is reducing the amount of virgin plastic originating from Meadow Fresh brand milk bottles by including recycled plastic content in its containers.


F&B exports to China: lobster leaps as meat, dairy enjoy strong H1
11 Oct 2021   /

F&B exports to China: lobster leaps as meat, dairy enjoy strong H1

Food exports were strong in H1 but it’s an uneven recovery from Covid for infant formula, cherries and some seafood.


Patchy recovery in China daigou demand – report
8 Oct 2021   /

Patchy recovery in China daigou demand – report

What does shifting demand mean for the future of the informal channel, which plays a big role for NZ brands such as A2 Milk?


New NZ home for Vitasoy Australia
7 Oct 2021   /

New NZ home for Vitasoy Australia

Pavé clinches the contract to manage New Zealand sales for the plant-milk giant in the fast-growing category.


A2 Milk to “vigorously defend” class action
6 Oct 2021   /

A2 Milk to “vigorously defend” class action

A2 “considers that it complied with disclosures notifications at all time,” following a class claim filing in Australia alleging misleading or deceptive conduct.


Synlait Swappa Bottle supermarket pilot starts
5 Oct 2021   /

Synlait Swappa Bottle supermarket pilot starts

Consumer demand and the bedding down of new processes will dictate the next steps following the four-week trial.


A closer look: Synlait shutters Talbot Forest factory for two years
28 Sep 2021  

A closer look: Synlait shutters Talbot Forest factory for two years

The loss-making speciality cheese plant is to close until FY24 after dragging down Synlait’s consumer food division.


Fonterra’s Anchor launches new brand campaign
28 Sep 2021   /

Fonterra’s Anchor launches new brand campaign

Fonterra’s consumer dairy brand, Anchor, has launched a new brand platform ‘A Taste of Home’ with a fully integrated brand campaign.


Synlait posts $28.5m loss,  taps Grant Watson to be new CEO
27 Sep 2021  

Synlait posts $28.5m loss, taps Grant Watson to be new CEO

Miraka’s boss will join struggling Synlait in January to try and bring the dairy business back into the black by FY23.


A closer look: Ingredients dip but Covid drives Fonterra’s consumer brands
24 Sep 2021  

A closer look: Ingredients dip but Covid drives Fonterra’s consumer brands

Covid-19 has changed consumer behaviour helping to drive Fonterra’s consumer brands, says CEO Miles Hurrell.


Fonterra moots Chile exit, Aus IPO to put higher value NZ dairy centre stage
23 Sep 2021  

Fonterra moots Chile exit, Aus IPO to put higher value NZ dairy centre stage

A strategy reset will see billions invested in “differentiating NZ milk on the world stage” to drive the co-op up the value chain.


Fonterra cuts coal greenhouse gas emissions by 11%
16 Sep 2021   /

Fonterra cuts coal greenhouse gas emissions by 11%

Fonterra says it cut its greenhouse gas emissions from coal by 11% in one year thanks to the conversion to renewable wood pellets at its Te Awamutu site.


Olam Food Ingredients details Waikato dairy plan, makes key hires
15 Sep 2021   /

Olam Food Ingredients details Waikato dairy plan, makes key hires

Olam Food Ingredients has confirmed plans to develop a new dairy-processing facility in Waikato after exiting its ownership of Open Country Dairy earlier this year.


Scale-up to kick off at Spring Sheep
14 Sep 2021   /

Scale-up to kick off at Spring Sheep

The company’s new CEO Nick Hammond talks culture, scale-up challenges, China, and the prospects for growth.


Food firms dominate Kiwi co-op rankings
10 Sep 2021   /

Food firms dominate Kiwi co-op rankings

Fonterra, Zespri, and Foodstuffs are heavyweights in NZ’s top 30 co-operative rankings.


Synlait signs $30m S&L deal
9 Sep 2021   /

Synlait signs $30m S&L deal

Synlait Milk has sold its Auckland premises at Richard Pearce Drive for $30.05m and will lease back the property.


Synlait looks for 150 layoffs to save up to $12m
8 Sep 2021  

Synlait looks for 150 layoffs to save up to $12m

The move to “review and reset the structure of the business” could see as many as 150 jobs go at the dairy company.


A2 Milk, Synlait to be removed from S&P/ASX indices
7 Sep 2021   /

A2 Milk, Synlait to be removed from S&P/ASX indices

A quarterly review of all shares in the ASX to recalibrate the S&P Dow Jones Indices has seen New Zealand dairy companies A2 Milk and Synlait earmarked for removal from separate lists.


Otis puts money where its mouth is with 1% fund launch
6 Sep 2021   /

Otis puts money where its mouth is with 1% fund launch

The plant-based milk business will ring-fence 1% of sales revenue to invest into making oats a “viable and exciting” alternative for farmers to grow.


Dairy pushes export prices higher
6 Sep 2021  

Dairy pushes export prices higher

Export prices for goods rose 8.3% on the previous quarter in the three months to June 2021, while import prices rose 4.8%, according to Stats NZ.


Food moves at Spring Sheep Milk Co, Scales and Invivo
3 Sep 2021  

Food moves at Spring Sheep Milk Co, Scales and Invivo

Internal promotions, arrivals and departures are all in today’s trio of executive food moves.


Whitestone offers free cheese for vaccinators to help rollout
3 Sep 2021   /

Whitestone offers free cheese for vaccinators to help rollout

Otago cheese producer Whitestone has made an offer to provide free cheese to healthcare professionals in a bid to encourage staff to man a proposed drive-through Covid-19 vaccination centre in Oamaru.


Cathedral Cove Naturals recalls chocolate coconut yoghurt
30 Aug 2021  

Cathedral Cove Naturals recalls chocolate coconut yoghurt

Cathedral Cove Naturals is recalling all batches and all dates up to and including 21/10/2021 of its Cathedral Cove Naturals brand chocolate coconut yoghurt.


Dairyworks’ Tim Carter: “We’re acting like there is Delta in the South Island”
27 Aug 2021   /

Dairyworks’ Tim Carter: “We’re acting like there is Delta in the South Island”

The Canterbury-based company has stood up a raft of ever more stringent measures to protect against the latest outbreak.


Fresh cuts: Product launches for the week to 27 August
27 Aug 2021  

Fresh cuts: Product launches for the week to 27 August

Cardrona Distillery proudly shows its support of love, diversity and inclusion via vodka; global ice cream brand Ben & Jerry’s tops out its tubs; and Invivo toasts its eighth vintage of Graham Norton’s Own Wines.


A2 Milk net profit plunges 79%, strategy review underway
26 Aug 2021  

A2 Milk net profit plunges 79%, strategy review underway

The prolonged impact of Covid-19 and a rapidly changing China market has prompted the company to launch a growth strategy review.


NZ ice cream award dates moved
25 Aug 2021   /

NZ ice cream award dates moved

The NZ Ice Cream Manufacturers Association has moved the dates for the 2021 New Zealand Ice Cream Awards, shifting judging to the beginning of November.


New execs for Synlait, Fonterra
20 Aug 2021  

New execs for Synlait, Fonterra

Synlait recruits from Qatar to fill its director of operations role, while Fonterra goes internal for its new people and culture MD.


ComCom approves Fonterra’s milk price forecast
17 Aug 2021   /

ComCom approves Fonterra’s milk price forecast

Fonterra’s calculation of the base milk price it will pay farmers in the 2020/21 dairy season is consistent with the Dairy Industry Restructuring Act (DIRA), says the Commerce Commission.


Is Nestlé lining up A2 Milk?
16 Aug 2021   /

Is Nestlé lining up A2 Milk?

Suitors are reported to be weighing options around A2, but any potential offer would only be made after the milk company’s annual results next week.


Raw milk recall after Listeria detected
16 Aug 2021   /

Raw milk recall after Listeria detected

Real Milk Timaru is recalling batches of its raw milk following the detection of Listeria during routine testing.


NZFGC submits on animal product, wine regs redesign
10 Aug 2021   /

NZFGC submits on animal product, wine regs redesign

New Zealand Food & Grocery Council has submitted comments of the regulatory redesign of Animal Products and Wine Regulations respectively.


Milligans to launch new brand in US, drive domestic retail
6 Aug 2021  

Milligans to launch new brand in US, drive domestic retail

The family-owned Otago firm is making a play for the US butter market and expanding its retail efforts at home.


Synlait strikes debt deal with banks
3 Aug 2021  

Synlait strikes debt deal with banks

Synlait Milk has agreed terms to restructure its maturing debt pile following discussions with its banking syndicate after it secured a waiver for relevant FY21 covenants.


Fonterra’s new season production positive
2 Aug 2021   /

Fonterra’s new season production positive

Fonterra has started the new season with production up across the board, according to the firm’s Global Dairy Update for July.


Lindsay Farm in raw milk recall
28 Jul 2021  

Lindsay Farm in raw milk recall

Hawke’s Bay milk producer Lindsay Farm is recalling specific batches of Lindsay Farm brand Organic Raw Milk (unpasteurised) as the product may contain Campylobacter.


Fonterra to ditch coal at Stirling site
28 Jul 2021   /

Fonterra to ditch coal at Stirling site

Fonterra is to stop using coal at its Stirling cheese plant in Otago, moving to wood biomass to fire the site by August 2022.


Sunny South joins NZ oat milk line up
26 Jul 2021   /

Sunny South joins NZ oat milk line up

New Zealand’s newest oat milk venture heads offshore to meet local demand as it waits for the proposed $50m Southland production facility.


New people chief for A2 Milk
26 Jul 2021   /

New people chief for A2 Milk

The A2 Milk Company has filled another role in its leadership team appointing a new chief people and culture officer following the departure of Lisa Burquest in January.


FSANZ calls for infant formula feedback
23 Jul 2021  

FSANZ calls for infant formula feedback

​Food Standards Australia New Zealand is calling for comment on an application to allow a new production method for a permitted oligosaccharide added to infant formula products.


Wait and see for Fonterra fund future
22 Jul 2021  

Wait and see for Fonterra fund future

The manager of the Fonterra Shareholders’ Fund is continuing to discuss the dairy group’s capital structure proposals in confidence with Fonterra and with advisers, as it awaited more details regarding the future of the fund.


Vegan cheese award winners crowned
21 Jul 2021  

Vegan cheese award winners crowned

The supreme winner of the Vegan Society Aotearoa New Zealand inaugural Vegan Cheese Awards was Dunedin deli Let Them Eat Vegan’s Cheddar Spread.


Fonterra to revise restructuring following feedback
19 Jul 2021  

Fonterra to revise restructuring following feedback

Farmer feedback set to shape Fonterra’s revised capital structure proposal, according to the dairy co-operative.


Fonterra, AGMARDT back UV treatment tech
15 Jul 2021  

Fonterra, AGMARDT back UV treatment tech

Following an initial round of funding by AGMARDT, the trust and Fonterra are backing further research into new UV treatment technology which has the potential to significantly reduce biosecurity risk and improve animal well-being in the dairy sector.


Watch: Could dairy factories pivot to plant proteins?
14 Jul 2021   /

Watch: Could dairy factories pivot to plant proteins?

A video presentation from AgResearch senior scientist Dr Simon Loveday on whether New Zealand’s dairy companies could instead start processing plant proteins.


Happy Cow launches capital raise, Hunt and Gather secures funds
13 Jul 2021  

Happy Cow launches capital raise, Hunt and Gather secures funds

Described as a milk factory in a box, Happy Cow Milk Company, has today launched its second capital raise as it looks to scale-up its prototype into paddocks and retailers around the country.


A2 in APAC restructure, reshuffle and recruitment
12 Jul 2021   /

A2 in APAC restructure, reshuffle and recruitment

Its Asia Pacific division will be split three ways in an effort to revive growth.


FMA clears Fonterra on write-downs
12 Jul 2021   /

FMA clears Fonterra on write-downs

The Financial Markets Authority has found no evidence to press forward with action against Fonterra regarding the timing of accounting write-downs for Beingmate Baby and Child Food Co and the China Farm assets.


Landcorp/Pāmu lifts profit forecast to up to $64m
12 Jul 2021  

Landcorp/Pāmu lifts profit forecast to up to $64m

State-owned farmer Landcorp/Pāmu has upgraded its forecast EBITDAR to between $59m and $64m for the year to June, up from its previous forecast in February of $45m to $50m.


ComCom updates Fonterra milk price calculation framework
7 Jul 2021   /

ComCom updates Fonterra milk price calculation framework

The Commerce Commission has updated its approach paper outlining the framework it applies when reviewing both how Fonterra sets its annual base milk price and the Milk Price Manual used to set the base milk price.


Gates open for Silver Fern Farms and Pasture Summit events
7 Jul 2021  

Gates open for Silver Fern Farms and Pasture Summit events

The Silver Fern Farms’ 2021 Farmer Conference gets underway in Wellington, while the Pasture Summit takes place in Hamilton.


OIO greenlights A2 Milk’s $268m Mataura deal
6 Jul 2021  

OIO greenlights A2 Milk’s $268m Mataura deal

A2 Milk says the Overseas Investment Office has signed off its proposed $268.5m purchase of a 75% interest in Southland dairy nutrition business Mataura Valley Milk.


A2 poaches Danone marketing lead
2 Jul 2021   /

A2 poaches Danone marketing lead

The A2 Milk Company has appointed an infant nutrition marketing specialist from European food giant Danone as its new chief marketing officer.


NZ finishes full dairy season up 1.5% – Fonterra
1 Jul 2021  

NZ finishes full dairy season up 1.5% – Fonterra

Fonterra’s New Zealand milk collection for May 2021 was 75.3 million kgMS, 7.7% higher than the same month last year.


Fonterra exits China jv in $163m deal
29 Jun 2021   /

Fonterra exits China jv in $163m deal

Fonterra is offloading its two joint venture farms in China to Singapore-based AustAsia Investment Holdings for $163m.


Dairy drives up May exports
28 Jun 2021   /

Dairy drives up May exports

Monthly goods exports were up $461m to $5.9bn after a 12% rise in dairy products in the month of May, according to StatsNZ.


Fonterra, Synlait, Tip Top among food firms backing safety research
25 Jun 2021  

Fonterra, Synlait, Tip Top among food firms backing safety research

Food companies including Synlait, Fonterra, TipTop, and Hellers are backing a new project exploring an electromagnetic detection and imaging method aimed at boosting food safety systems.


Choco, coffee partnerships push Farm Fresh South growth
22 Jun 2021  

Choco, coffee partnerships push Farm Fresh South growth

A small Southland dairy operator has taken a leaf out of the Lewis Road’s play book teaming up with boutique chocolate and coffee companies to push into the flavoured milk category.


Real Milk Timaru in recall
22 Jun 2021  

Real Milk Timaru in recall

Real Milk Timaru is recalling specific batches of its Real Milk Timaru brand raw (unpasteurised) drinking milk as the product may contain Listeria monocytogenes.


SFF Futures backs $22m project
17 Jun 2021  

SFF Futures backs $22m project

The Sustainable Food and Fibre Futures fund is contributing $8.98m to a $22.23m project to investigate plantain’s potential to help farmers protect waterways and improve freshwater quality.


NZ Dairy Industry Awards and Westpac part ways
16 Jun 2021   /

NZ Dairy Industry Awards and Westpac part ways

Westpac NZ is ending its position as national sponsor of New Zealand Dairy Industry Awards after more than ten years.


Rabobank joins dairy peers at $8/kgMS
11 Jun 2021   /

Rabobank joins dairy peers at $8/kgMS

Rabobank has increased its forecast farmgate milk price for the 2021/22 dairy season to $8/kgMS – the same as peers including Fonterra.


Happy Valley Nutrition lands US ingredient deal
10 Jun 2021  

Happy Valley Nutrition lands US ingredient deal

Australian-listed Happy Valley Nutrition has signed a conditional agreement with North American dairy ingredient distributor, Burt Lewis Ingredients, for the supply of nutritional milk powders.


Meat, dairy sales volumes grow in Q1
10 Jun 2021  

Meat, dairy sales volumes grow in Q1

Manufacturing sales volumes reached a record peak of $27bn in the March quarter, up 0.4% or $113m from the December 2020 quarter, according to Stats NZ.


Deer milk trial secures $244k from HVN
9 Jun 2021  

Deer milk trial secures $244k from HVN

A clinical trial that could underpin the development of deer milk as a new industry in New Zealand has secured $244,000 of funding from the HVN Challenge.


Food exporters feel the squeeze as shipping disruptions continue
8 Jun 2021   /

Food exporters feel the squeeze as shipping disruptions continue

Competition for container space is fierce, driving up costs alongside congestion and uncertain scheduling.


Fonterra restructure feedback “diverse”
4 Jun 2021  

Fonterra restructure feedback “diverse”

Around 4,000 Fonterra co-operative members have so far attended a consultation meeting or joined a webinar about the proposed changes to the group’s capital structure, according to an update from the co-op’s council.


Duck Island doubles down on domestic demand…
3 Jun 2021  

Duck Island doubles down on domestic demand…

Supermarket sales are on a growth trajectory with a new ice cream factory opening soon.


…as Lewis Road crosses fingers for UK trade agreement
3 Jun 2021  

…as Lewis Road crosses fingers for UK trade agreement

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Synlait sticks by FY21 guidance despite suppliers suffering flood damage
3 Jun 2021   /

Synlait sticks by FY21 guidance despite suppliers suffering flood damage

The Canterbury company says it has been challenging getting its tankers to suppliers.


Dairy Woman of the Year to join AGMARDT
2 Jun 2021   /

Dairy Woman of the Year to join AGMARDT

AGMARDT has announced the appointment of Trish Rankin as the next associate board member to join its board of trustees.


A2 responds to reports of potential class action
1 Jun 2021  

A2 responds to reports of potential class action

A2 said it believes it has complied with all disclosure obligations.


Synlait hikes milk price forecast
1 Jun 2021  

Synlait hikes milk price forecast

Synlait Milk has increased its forecast base milk price for the 2020/2021 season by 35 cents to $7.55 kgMS.


OIO approves $3.5m New Plymouth sale
1 Jun 2021  

OIO approves $3.5m New Plymouth sale

The Overseas Investment Office has given the green-light to the sale of a New Plymouth goat farm to a partnership owned by descendants of American Peter H Kuyper.


Whitestone opens doors in Auckland
31 May 2021  

Whitestone opens doors in Auckland

Oamaru’s Whitestone Cheese has opened its cheese bar in Auckland’s Viaduct.


Fonterra to contribute $12bn to economy with record milk price forecast – CEO
26 May 2021  

Fonterra to contribute $12bn to economy with record milk price forecast – CEO

Fonterra will contribute $12bn to the New Zealand economy in the next season, says the co-op’s chief executive, Miles Hurrell.


Clevedon Buffalo moves into the black, eyes expansion
25 May 2021  

Clevedon Buffalo moves into the black, eyes expansion

The award-winning specialist cheese producer is looking to buy its own farm and factory.


Synlait’s outlook sours with up to $30m loss forecast
24 May 2021  

Synlait’s outlook sours with up to $30m loss forecast

The dairy company now forecasts a full year loss of between $20m – $30m in 2021.


Oatly IPO froths as share price jumps on debut
21 May 2021   /

Oatly IPO froths as share price jumps on debut

The Swedish oat milk company has become the latest plant-based IPO sensation in the US.


Cheese recall due to possible E. coli
20 May 2021   /

Cheese recall due to possible E. coli

Surti Indian Samosa Limited is recalling a specific batch of Surti brand Paneer due to the possible presence of E. coli.


Synlait scrambles after third exec resigns
17 May 2021   /

Synlait scrambles after third exec resigns

CFO’s departure follows that of chief executive Leon Clement and director of operations Mark Toomey.


A bad day for A2 Milk
11 May 2021  

A bad day for A2 Milk

The former darling of the NZX was forced to slash its revenue forecasts and write down the value of its assets.


Dairy lobbies for tariff free UK FTA
10 May 2021   /

Dairy lobbies for tariff free UK FTA

The Dairy Companies Association of New Zealand is calling for a trade deal with the UK which comprehensively removes agricultural tariffs.


Cheese champions crowned
7 May 2021  

Cheese champions crowned

Awards given after judging of more than 310 cheeses entered in annual competition.


Fonterra moots end of listed fund
6 May 2021  

Fonterra moots end of listed fund

Preferred option for capital structure review would dismantle or cap fund that gives outside investors access to co-op.


Dairy disruption ‘a given’ as lab innovation picks up pace
6 May 2021   /

Dairy disruption ‘a given’ as lab innovation picks up pace

New Zealand dairy giants may not be milking it for much longer, with futurist Melissa Clark-Reynolds predicting major disruption in the pipeline for the sector.


Fonterra trading halt, capital structure announcement pending
6 May 2021  

Fonterra trading halt, capital structure announcement pending

Fonterra yesterday went into a trading halt ahead of an announcement about its capital structure, expected this morning.


Whitestone Cheese advances in Auckland  but retreats from Aus, US markets
5 May 2021  

Whitestone Cheese advances in Auckland but retreats from Aus, US markets

Oamaru-based artisan cheese producer Whitestone Cheese is building on their domestic market, shifting efforts from export markets.


Goat farm investment gets OIO green-light
30 Apr 2021  

Goat farm investment gets OIO green-light

A Taiwan-listed multinational pharmaceutical company is to invest $3.5m to convert a Waikato dairy farm to goat milk production.


Rabobank hikes milk price forecast, predicts bumper season
30 Apr 2021  

Rabobank hikes milk price forecast, predicts bumper season

Rabobank has hiked its farmgate milk price forecast by 60 cents to $7.60 kg/MS for the 2020/21 season.


Synlait tightens emissions targets
30 Apr 2021   /

Synlait tightens emissions targets

Synlait Milk has reset its 2018 inaugural emissions reduction targets.


Synlait launches premium product,  lines up Asian customer
29 Apr 2021  

Synlait launches premium product, lines up Asian customer

The dairy company says its new premium ingredients offering is for consumers seeking “sustainably, ethically and equitably produced” products.


NZ cheesemakers to EU: hands off ‘halloumi’
29 Apr 2021  

NZ cheesemakers to EU: hands off ‘halloumi’

New Zealand cheesemakers are up in arms over the European Commission’s continuing campaign to restrict the use of common names in international cheesemaking, with halloumi the latest target.


PURE NZ Ice Cream goes international with first export deal
28 Apr 2021  

PURE NZ Ice Cream goes international with first export deal

The Wānaka producer secures entry into Japan with distributor Horizon Farms.


Oatly maps growth as it preps US IPO
22 Apr 2021   /

Oatly maps growth as it preps US IPO

The phenomenal rise of the Swedish oatmilk juggernaut is detailed ahead of a potential $10bn listing on the NYSE.


Countdown, Fonterra add weight to freight debate
19 Apr 2021  

Countdown, Fonterra add weight to freight debate

The duo join partners to plot a low emissions future for New Zealand’s freight sector.


Organics plan to scale-up $723m NZ sector
15 Apr 2021   /

Organics plan to scale-up $723m NZ sector

A strategy is in the pipeline to help accelerate an already-booming industry.


Westland presses go on $3.2m Hokitika project
15 Apr 2021  

Westland presses go on $3.2m Hokitika project

The project will reduce the factory’s carbon emissions by 7%.


Synlait, A2 sell-off follows Clement resignation
13 Apr 2021   /

Synlait, A2 sell-off follows Clement resignation

The dairy companies saw share prices slip following news that Synlait’s boss is leaving.


Synlait CEO resigns
13 Apr 2021   /

Synlait CEO resigns

Leon Clement will leave the listed dairy company at the end of April.


Opportunity in organic sector – report
13 Apr 2021  

Opportunity in organic sector – report

There is opportunity for faster growth, according to the Organic Sector Market Report 2020/21.


Ice-cream maker scoops Domino’s deal
12 Apr 2021  

Ice-cream maker scoops Domino’s deal

The tie-up is a shot in the arm for PURE NZ Ice Cream after its foodservice and tourism channels were hit by Covid.


Raw drinking milk recalled
7 Apr 2021   /

Raw drinking milk recalled

The Ministry of Primary Industries is recalling raw unpasteurised drinking milk from Central Hawke’s Bay producers Lindsay Farm following a detection of Campylobacter as part of a routine testing programme.


Vegans question need for dairy exports
7 Apr 2021   /

Vegans question need for dairy exports

The Vegan Society Aotearoa New Zealand is questioning the need for dairy exports as the industry’s affect on the environment continues to be in the spotlight.


Fonterra completes $552m sale of China farms
6 Apr 2021  

Fonterra completes $552m sale of China farms

Fonterra has sold its two China farming hubs in Ying and Yutian to Inner Mongolia Youran Dairy Co.


Milk production increases, Feb exports up
1 Apr 2021  

Milk production increases, Feb exports up

New Zealand milk production increased 3% on a litres basis in February 2021, compared to February last year.


Fonterra commits to ending coal use
1 Apr 2021  

Fonterra commits to ending coal use

The co-op says it will remove coal from its sites, as it continues its transition to renewable energy.


Farmer confidence at highest levels since 2018
1 Apr 2021  

Farmer confidence at highest levels since 2018

Improving commodity prices were the key reason cited by farmers expecting NZ’s agri economy to improve.


Synlait interim profit plunges 76%, outlook remains uncertain
29 Mar 2021  

Synlait interim profit plunges 76%, outlook remains uncertain

Significant Covid-19 induced uncertainty and volatility will continue, says the milk powder producer.


Westland Milk in $40m butter expansion play
25 Mar 2021  

Westland Milk in $40m butter expansion play

The West Coast dairy company will double the capacity of its Hokitika butter manufacturing plant.


NZ Story launches NZ Dairy Story
24 Mar 2021  

NZ Story launches NZ Dairy Story

New Zealand Story is showcasing the country’s dairy sector with its Dairy Goodness for the World collateral.


Synlait loses ops director back to Australia
23 Mar 2021   /

Synlait loses ops director back to Australia

Mark Toomey has resigned from the specialist diary company after just over a year in the role.


Seafood, dairy products see goods export up $233m in Dec quarter
19 Mar 2021   /

Seafood, dairy products see goods export up $233m in Dec quarter

Goods exports were up $233m in the December quarter, driven by an increase in fish, crustaceans, and molluscs, as well as milk powder, butter and cheese, according to Stats NZ.


Fonterra interim profit drops 22%, China divestment continues
17 Mar 2021  

Fonterra interim profit drops 22%, China divestment continues

The co-op said it was “pleased” with its results as the previous period’s earnings were inflated by asset sales.


2021 Canterbury/North Otago Dairy Industry Awards winners named
17 Mar 2021   /

2021 Canterbury/North Otago Dairy Industry Awards winners named

Dinuka and Nadeeka Gamage were announced winners of the region’s Share Farmer of the Year category.


Fonterra farmers survey: New capital structure – yes, outside investors – no
16 Mar 2021  

Fonterra farmers survey: New capital structure – yes, outside investors – no

The co-op’s shareholders have indicated support for an overhaul of the dairy giant’s structure.


Medals for NZ Champions of Cheese announced
16 Mar 2021   /

Medals for NZ Champions of Cheese announced

The New Zealand Specialist Cheesemakers Association has announced 265 medal winners in the NZ Champions of Cheese Awards 2021.


High milk costs in China sees milk price jump 80c
12 Mar 2021   /

High milk costs in China sees milk price jump 80c

The high cost of producing milk in China had favoured importing New Zealand dairy products.


Dairy farmer fined $30k for labour breaches
11 Mar 2021   /

Dairy farmer fined $30k for labour breaches

An investigation in 2019 found breaches of minimum employment standards in relation to 24 workers.


Falling prices suppress dairy, meat manufacturing
10 Mar 2021   /

Falling prices suppress dairy, meat manufacturing

Dairy and meat product manufacturing fell 3.2% to $288m in the December 2020 quarter, says Stats NZ.


Fonterra lifts farmgate forecast – again
9 Mar 2021  

Fonterra lifts farmgate forecast – again

Fonterra has lifted its 2020/21 farmgate milk price range forecast for the second time in two months.


Southern Pastures enters $50m sustainability loan
2 Mar 2021   /

Southern Pastures enters $50m sustainability loan

Southern Pastures has entered into a three-year $50m sustainability-linked farm loan with BNZ and its syndicate.


Daigou disruption sees A2 Milk profit, shares tumble
1 Mar 2021  

Daigou disruption sees A2 Milk profit, shares tumble

The company suffered a 35% drop in interim profit in what it described as a “challenging” first half year.


Dairy, meat lead value of Jan exports down
26 Feb 2021   /

Dairy, meat lead value of Jan exports down

It was the fifth consecutive month where dairy exports were less than the corresponding month a year ago.


Lewis Road Creamery launches new flavour
24 Feb 2021  

Lewis Road Creamery launches new flavour

Lewis Road Creamery has launched a new flavour milk creation, Banoffee.


Deep South ice cream recalled
18 Feb 2021   /

Deep South ice cream recalled

New Zealand Creameries is recalling its Deep South brand strawberry & cream pavlova premium ice cream due to the presence of an undeclared allergen, egg.


Champions of Cheese judging moves to Hamilton
17 Feb 2021   /

Champions of Cheese judging moves to Hamilton

Judging of the NZ Champions of Cheese Awards 2021 will go ahead in Hamilton this weekend after Auckland’s snap Covid-19 alert level 3 lockdown.


Miraka board names Watson as new boss
18 Dec 2020  

Miraka board names Watson as new boss

The announcement follows Richard Wyeth’s departure in October.


A2 Milk in trading halt as earnings guidance revised
17 Dec 2020  

A2 Milk in trading halt as earnings guidance revised

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Nestlé comes to the table to tackle NZ emissions
15 Dec 2020   /

Nestlé comes to the table to tackle NZ emissions

Global giant teams up with Fonterra and DairyNZ to co-fund plantain project in effort to reduce emissions.


ComCom ‘satisfied’ with Fonterra’s milk pricing
15 Dec 2020   /

ComCom ‘satisfied’ with Fonterra’s milk pricing

The Commerce Commission says it is “satisfied” with Fonterra’s milk prices.


Stats NZ: September surge boosted by dairy, meat, grocery records
10 Dec 2020   /

Stats NZ: September surge boosted by dairy, meat, grocery records

Dairy and meat product manufacturing volumes, and wholesale grocery and liquor value saw huge lifts in the Sept quarter.


Fonterra backs biogas research
8 Dec 2020  

Fonterra backs biogas research

The dairy co-op joins BECA, EECA and Firstgas Group in backing the research.


Fonterra lifts milk price  following China rebound
7 Dec 2020  

Fonterra lifts milk price following China rebound

Strong demand for NZ dairy has seen the co-op lift its milk price forecast and report Q1 earnings of $250m.


Dairy exports suffer 16% value hit
3 Dec 2020  

Dairy exports suffer 16% value hit

Both dairy and meat exports have taken a dive in the September quarter.


Synlait water results slip in second sustainability report
3 Dec 2020  

Synlait water results slip in second sustainability report

The dairy giant’s so called off-farm water results have moved away from 2028 targets.


Call goes out for 2021 cheese champions
2 Dec 2020  

Call goes out for 2021 cheese champions

Entries are now open for the 19th annual New Zealand Champions of Cheese Awards.


Unilever NZ begins four-day work week trial
1 Dec 2020  

Unilever NZ begins four-day work week trial

The consumer goods giant has 81 New Zealand-based employees.


Synlait completes $200m raise
1 Dec 2020  

Synlait completes $200m raise

The dairy company successfully raised the money after closing an oversubscribed $20m share purchase plan.


Value of food exports drop in Oct – Stats NZ
27 Nov 2020  

Value of food exports drop in Oct – Stats NZ

Some dairy products were down $198m.


Synlait bets on diversification to build value
26 Nov 2020   /

Synlait bets on diversification to build value

Diversifying its product ranges, customers and target markets has created a more sustainable business, says Synlait chief executive Leon Clement.


A2 Milk maintains guidance, says 2020 has ‘tested us’
19 Nov 2020  

A2 Milk maintains guidance, says 2020 has ‘tested us’

The dairy company says it expects an uptick in activity in the second half of FY21 despite continuing uncertainty.


Dairy producers pay falls 13% dip in Sept quarter – Stats NZ
19 Nov 2020  

Dairy producers pay falls 13% dip in Sept quarter – Stats NZ

Gains made in the March and June quarters have been impacted by the fall.


Miraka scoops top biosecurity award
18 Nov 2020  

Miraka scoops top biosecurity award

The Taupō-based dairy company was recognised at the awards ceremony on Monday night.


Ex-Tip Top boss Ballinger named as AsureQuality CEO
13 Nov 2020  

Ex-Tip Top boss Ballinger named as AsureQuality CEO

She replaces Jeremy Hood who has been interim chief executive.


Farmstrong, Frucor, Fonterra win big in safety awards
13 Nov 2020  

Farmstrong, Frucor, Fonterra win big in safety awards

The awards took place in Auckland on Wednesday night.


$180m Synlait placement oversubscribed
12 Nov 2020  

$180m Synlait placement oversubscribed

Synlait Milk has added $180m to its coffers after successfully completing a discounted share placing.


Synlait targets $200m in equity raise
11 Nov 2020  

Synlait targets $200m in equity raise

The company will use the money to complete its investment strategy, pay down debt, and strengthen its balance sheet.


Seasonal worker shortage ‘enormous pressure point’ – ANZ
11 Nov 2020  

Seasonal worker shortage ‘enormous pressure point’ – ANZ

As prime picking time looms near the horticulture industry remains concerned about RSE shortages.


Synlait share trading stops for expected capital raise
10 Nov 2020  

Synlait share trading stops for expected capital raise

Synlait Milk has stopped the trading of its shares in both New Zealand and Australia ahead of an announcement of a significant capital raise.


Fonterra sets out stall to combat Covid uncertainty
10 Nov 2020  

Fonterra sets out stall to combat Covid uncertainty

Fonterra is on the “home straight” of its turnaround and well-positioned to face continued Covid-19 induced global uncertainty, according to chief executive Miles Hurrell


Wyeth moves to Westland Dairy to lead growth
9 Nov 2020  

Wyeth moves to Westland Dairy to lead growth

He takes over from Shiqing Jian who has been interim chief executive.


Synlait reveals new deal with mystery multinational customer
6 Nov 2020  

Synlait reveals new deal with mystery multinational customer

Synlait Milk says it has signed a new manufacturing supply deal with “an established, global category leader” but it has not named its new customer.


Cathy Quinn joins Fonterra board
5 Nov 2020  

Cathy Quinn joins Fonterra board

Former lawyer Cathy Quinn has been appointed to Fonterra’s board of directors.


Fonterra sustainability: Earnings up but environment work lags
4 Nov 2020  

Fonterra sustainability: Earnings up but environment work lags

The dairy co-op returns to sustainable earnings as it continues to tackle environmental challenges.


Zealong, Meyer partner for world first
3 Nov 2020   /

Zealong, Meyer partner for world first

Zealong Tea Estate and Meyer Cheese have created a so-called world first tea-infused cheese.


Milk production lifts by 1.6% as US, EU exports grow
2 Nov 2020   /

Milk production lifts by 1.6% as US, EU exports grow

Fonterra released its Global Dairy Update last week with the latest data.


Synlait targets consolidation ahead of growth, board chair to exit
28 Oct 2020  

Synlait targets consolidation ahead of growth, board chair to exit

Synlait Milk has set the course for a year of consolidation following a period of substantial investment.


Value of dairy exports takes $97m hit
28 Oct 2020  

Value of dairy exports takes $97m hit

The value of New Zealand’s dairy product exports in September 2020 fell from the same month in 2019.


‘Strong’ food sector drives Taranaki economy – report
27 Oct 2020  

‘Strong’ food sector drives Taranaki economy – report

The region continues to rank as one of the highest rates of economic activity per capita in New Zealand.


Help for dairy farmers switching to sheep, goat
23 Oct 2020  

Help for dairy farmers switching to sheep, goat

Waikato Milking Systems is helping farmers across New Zealand make the switch to sheep and goat milk.


DairyNZ re-elects directors
23 Oct 2020  

DairyNZ re-elects directors

Jim van der Poel, who chairs the DairyNZ board, and Colin Glas would each serve another three-year term on the board.


NZTE launches global food and beverage campaign
21 Oct 2020   /

NZTE launches global food and beverage campaign

NZTE has launched a new global campaign to showcase the country’s food and beverage industry.


Talley’s buys Dairyworks’ Deep South ice cream
20 Oct 2020  

Talley’s buys Dairyworks’ Deep South ice cream

Dairyworks has sold its Deep South ice cream brand to seafood giant Talley’s for an undisclosed sum.


ComCom opens submissions on draft Fonterra price report
16 Oct 2020  

ComCom opens submissions on draft Fonterra price report

The Commerce Commission has today released its draft report on Fonterra’s Farmgate Milk Price Manual.


Massey Uni, AgResearch partner for new research facility
15 Oct 2020  

Massey Uni, AgResearch partner for new research facility

Massey University and AgResearch are developing a new joint dairy research facility in the Manawatū region.


ASX-listed HVN gets OIO green light for dairy factory
14 Oct 2020   /

ASX-listed HVN gets OIO green light for dairy factory

Happy Valley Nutrition has secured Overseas Investment Office approval to develop a dairy factory in the Waikato.


Fonterra to sell China farms for $555m
12 Oct 2020  

Fonterra to sell China farms for $555m

Fonterra is planning to pay down debt with $555m from the sale of farms it has developed in China.


Record sales for New Zealand cheese industry
1 Oct 2020  

Record sales for New Zealand cheese industry

The New Zealand cheese industry has seen record supermarket sales for much of 2020, despite the varying impacts of Covid-19.


Fonterra posts $1.3bn turnaround, reports $659m profit
18 Sep 2020  

Fonterra posts $1.3bn turnaround, reports $659m profit

Fonterra has posted an after tax profit of $659m for the year to July 2020, a $1.3bn turnaround from the $605m loss it made the previous year.