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Sunday, August 25, 2019

Tag: fonterra

Dry weather undercuts NZ dairy giant Fonterra’s milk production

Australian milk production dropped 11% from January last year as sustained drought conditions led to higher input and farm costs

Fonterra posts first ever loss

Fonterra is a collective that buys milk and dairy products from New Zealand farmers and then sells it on to foreign firms.

NZ dairy giant Fonterra posts loss on China writedown, CEO to...

Fonterra blames the downturn on a NZ$405 million writedown in the value of its stake in Chinese baby food firm Beingmate and costs arising from a 2013 contamination scare.

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