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Tag: fonterra
Kiwi dollar falls after RBNZ adopts easing bias, Fonterra cuts forecast payout
2016-01-29 02:30:50| Food - Topix.net
The New Zealand dollar fell as the Reserve Bank adopted a bias towards lower interest rates with cheap fuel keeping a lid on inflation and Fonterra Cooperative Group reducing its forecast payout to farmers on dismal dairy prices. The kiwi dropped to 64.44USc at 5pm in Wellington from 65.18USc at 8am and 64.77USc yesterday.
Tags: falls
dollar
cuts
forecast
Fonterra Cheese Plant, Victoria
2016-01-22 01:00:00| Food Processing Technology
Fonterra Australia, the Australian division of New Zealand-based Fonterra Co-operative Group, announced plans to construct a state-of-the-art cheese manufacturing plant at its existing Stanhope facility in northern Victoria, in December 2015.
Tags: plant
victoria
cheese
fonterra
Dairy prices fall, volumes increase at auction -NZ's Fonterra
2016-01-05 19:04:25| Food - Topix.net
Jan 5 International milk prices fell, while volumes increased in this month's first auction held by New Zealand's Fonterra Co-operative Group, the world's biggest dairy exporter. Fonterra's GDT Price Index dipped 1.6 percent, with an average selling price of $2,458 per tonne, in the auction held on Tuesday.
Tags: increase
prices
fall
auction
12.23.15 -- Fonterra Australia To Invest $141 Million In State-Of-The-Art Cheese Plant
2015-12-22 01:15:33| dairynetwork News Articles
12/23/15Dairy Network.com Newsletter
Tags: australia
million
plant
invest
Dairy giant Fonterra sells Australian yoghurt, dairy dessert business
2015-12-16 03:26:47| Food - Topix.net
Dec 16 Fonterra Co-operative Group Ltd said Wednesday it will sell its Australian yoghurt and dairy dessert business to the Australian unit of Parmalat SpA as part of its plans to shore up its Australian operations. The deal, which is conditional on regulatory and other approvals, is expected to be completed in the first half of 2016, Fonterra said in a release.
Tags: business
australian
giant
sells
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