Fonterra has slashed its farm gate milk price (FGMP) forecast for the 2014/15 season to NZ$4.70 (US$3.63, €2.93) - the third such reduction since it was first announced in May.
China has lifted its ban on the import of Fonterra two infant formula ingredients, more than a year after it was implemented in the midst of the 2013 botulism scare.
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The elderly needn't make significant dietary changes to boost their daily intake of protein and could instead rely on enriched "everyday food", research by Fonterra suggests.
A US-based infant formula major and New Zealand’s biggest exporter have joined forces to build up to five dairy farms in China to secure supply for China’s newfound voracious appetite for dairy products.
Dairy Crest and Fonterra have entered into a strategic partnership to produce and market infant formula ingredients, demineralized whey powder and galacto-oligosaccharide (GOS).
Fonterra and Nestlé have "realigned" their decade-old Latin American joint venture, Dairy Partners Americas, to "better reflect" the strategic focus of each company.
Fonterra has been fined NZ$300,000 (US$256k, €187k) by a New Zealand court after admitting four food safety violations relating to last year's whey protein concentrate (WPC) recall.
Fonterra has budgeted for a payout of just NZ$11m ($9.5m, €6.85m) in its ongoing legal battle with Danone over last year’s whey protein concentrate (WPC) botulism scare.
New Zealand dairy major Fonterra has raised RMB1.25bn (US$210m) through a five-year offshore “dim sum” bond issue to to repay debt and expand its operations in China.
Danone has terminated its existing supply contract with Fonterra and plans to sue the dairy exporter over the whey protein concentrate (WPC) Clostridium botulinum contamination scare that led to product recalls across Asia, Australasia and the Middle...
Fonterra may still face legal action from Danone over the recent whey protein concentrate (WPC) botulism scare, the New Zealand-based dairy cooperative's CEO has admitted.
Fonterra faces "serious global implications" unless it learns from the mistakes that led to the recent whey protein concentrate (WPC) botulism scare, the committee overseeing an independent investigation into the incident has claimed.
An investigation into Fonterra's buttermilk disposal practices has been launched in New Zealand in response to concerns about the size of a dumping site dubbed the 'Lake of Buttermilk'.
Danone has confirmed that it is seeking around €200m ($270m) in compensation from Fonterra to cover the costs associated with the infant formula product recalls it ordered in response to the New Zealand-based dairy exporter's recent whey protein...
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Fonterra, New Zealand and the Sri Lankan government have met to “discuss progress in resolving” the recent issues that led to the closure of all Fonterra Brands Lanka faculties last month.
New Zealand’s Ministry of Primary Industries have confirmed the scare surrounding contaminated whey protein concentrate supplied by dairy giant Fonterra was a false alarm.
The news that there was no botulism risk from Fonterra’s batches of whey will come as a huge relief to the company and consumers around world, according to New Zealand Food & Grocery Council chief executive and FoodNavigator-Asia commentator Katherine...
With Fonterra’s contamination crisis unlikely to die down soon, the fall-out in China is likely to have more of a lingering impact on New Zealand’s continuing trade with the country than it will on Fonterra, say industry experts.
Fonterra, the diary major at the centre of the C. botulinum scare concerning several batches of whey protein concentrate used to manufacture Nutricia’s Karicare infact formula, has confirmed that Chinese authorities have temporarily suspended the import...
Fonterra’s Light Proof milk bottle has narrowly avoided being named a finalist in the Unpackit ‘Worst Packaging Award’ category, despite receiving more than half of all the nominations made.
Fonterra will invest more than NZ$100m ($82.4m, €62.8m) in a new ultra-high temperature (UHT) milk and cream processing plant in New Zealand in an attempt to meet growing Asian demand for heat-treated dairy products.
It’s quite remarkable how Fonterra has evolved to become New Zealand’s biggest company given the way the dairy giant seems to struggle to take on board its errors of the past.
Fonterra has welcomed a series of amendments to the New Zealand Raw Milk Regulations that will support domestic dairy product competition and ensure an “entrance pathway” into the farm gate milk market.
Fonterra has signed an investment agreement with Chinese authorities to develop two more large-scale dairy farms – the latest step in the firm’s strategy to build a sustainable fresh local milk supply in the country.
Dairy exporter Fonterra has been cleared to acquire the processing assets of New Zealand Dairies Limited’s (NZDL) by the New Zealand Commerce Commission.
Improved performance within Fonterra’s ingredients businesses worldwide has seen the firm announce a record turnover of NZ $19.9bn (€11.6bn) in 2010/11.
A report commissioned by Fonterra to investigate the fairness of the dairy giant’s milk pricing has faced criticism from its competitors, according to news reports.
New Zealand-based dairy giant Fonterra is now looking at expansion in India after a successful foray in China, including a recent bumper bond listing in Shanghai.
Fonterra has insisted that the New Zealand-based dairy is 100 per cent confident in its products as one of its Chinese customers faces an investigation into tainted milk claims.
More money for dairy producers, paid earlier in the season to ease cash flow problems are the aims behind a new incentive payment from Fonterra Australia.
New Zealand-based dairy group Fonterra says that a branded milk powder marketed in Bangladesh has been cleared for sale in the country after impendent testing found the product free from the industrial chemical melamine.
Two of the world’s leading suppliers and manufacturers of dairy goods have moved to play up their commitments in China as the legacy of the ongoing melamine scandal continues to impact on their operations.
New Zealand dairy and dairy ingredients giant, Fonterra, has launched its high-calcium dairy drink, Anlene Concentrate in Malaysia, after an encouraging year on the market in Thailand.
Food miles, the trendy catchphrase alluding to pollution caused by
food exports, is 'a red herring' that detracts from serious
environmental issues to be faced by food producers, says Fonterra's
trade strategy manager,...
