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Tuesday 28 June 2022

Dairy

Fonterra shares jump on $50m buyback 8th June 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 2nd June 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.


Fifth consecutive fall for global diary prices 18th 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).


Fonterra criticises Open Country Dairy’s Castalia report 19th April 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.


HVN invests $1.4m into whole milk powder study 7th April 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


In numbers: NZ’s food exports to Russia 7th March 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.


Foreign worker scheme boosted for dairy season 3rd March 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 2nd March 2022 /

Global dairy price index hits record high

Global dairy prices have hit a new record.


Fonterra milk collection drops 6.1% in Jan 1st March 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.


Dairy exports jump in Jan, overall trade deficit – Stats NZ 28th February 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.


Scale-up to kick off at Spring Sheep 14th September 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.


Fonterra exits China jv in $163m deal 29th June 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.


Vegans question need for dairy exports 7th April 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.


2021 Canterbury/North Otago Dairy Industry Awards winners named 17th March 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.


Dairy farmer fined $30k for labour breaches 11th March 2021 /

Dairy farmer fined $30k for labour breaches

An investigation in 2019 found breaches of minimum employment standards in relation to 24 workers.


Southern Pastures enters $50m sustainability loan 2nd March 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.


Miraka board names Watson as new boss 18th December 2020

Miraka board names Watson as new boss

The announcement follows Richard Wyeth’s departure in October.