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New Zealand
New Zealand
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AgricultureFonterra co-op will introduce its new capital structure in the spring
Farmer members approved the proposal to move to flexible shareholding in December 2021
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AgricultureFonterra says new finance framework will aid sustainability goals
'Over the next decade we intend to significantly increase our investment in sustainability-related activities and assets throughout our supply chain'
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Agriculture
Fonterra rethinks sale of Australia business after hailing strong annual results
Robust demand helped the co-op overcome global challenges and it will retain the Australian arm because of its 'important role in our consumer strategy'
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AgricultureFonterra lowers its milk price forecast as global demand softens
The co-op has also launched a new brand, Nutiani, to tap into the growing market for health and wellness products
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Agriculture
Fonterra to install 30-megawatt wood biomass boiler at Waitoa site
Fonterra says the switch from coal will help it reach its target net zero emissions by 2050
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BusinessEU-NZ trade agreement criticised by agri-co-ops on both sides
Copa-Cogeca is concerned about the impact of giving market access to NZ farmers – but Fonterra bemoans European protectionism
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SectorFonterra takes multi-million revaluation to Sri Lanka business as rupee tumbles
Sales volumes were also hit by global uncertainty around Covid and Ukraine but CEO Miles Hurrell says the financial performance remains solid
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Agriculture
New Zealand government to back Fonterra’s new capital structure
Ministers are running a consultation on changes to the law to accommodate the restructure, which was approved by the co-op's members in December
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AgricultureEurope’s agri co-op sector warns of lasting impacts of Ukraine war
Copa and Cogeca say food systems need to be made more resilient, while co-ops Fonterra and Arla are among those halting their Russian business
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AgricultureFonterra suspends dairy shipments to Russia as sanctions kick in
The New Zealand dairy co-op has still to decide the future of its two small business operations in Russia
