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Tag: fonterra
BNZ cuts forecast for Fonterra 2015/16 payout, citing weak international dairy prices
2015-11-13 05:36:55| Food - Topix.net
Bank of New Zealand cut its forecast for Fonterra Cooperative Group's payout to farmers this season amid continued weakness in international dairy prices. BNZ reduced its forecast for the 2015/16 season to $4.50 per kilogram of milk solids from a previous estimate of $5/kgMS, pushing it below Fonterra's current projection of $4.60/kgMS.
Tags: international
prices
weak
cuts
Dairy processors Sargento, Fonterra, Three Twins experience executive shift
2015-11-06 23:23:05| Railroads - Topix.net
North Carolina State Ports Authority, Wilmington, N.C. Industry veteran Alherd Kazura was named chief financial officer. Kazura has over three decades of experience in the transportation field, having worked in the container shipping, terminal management and cruise industries.
Tags: experience
executive
shift
processors
Fonterra launches application center for foodservice customers
2015-11-05 16:50:10| Food - Topix.net
New Zealand's Fonterra Cooperative Group launched a new Fonterra Application Center in Guangzhou, China, designed to bring innovative dairy products and services to the cooperative's foodservice customers in the region. The Guangzhou facility is Fonterra's second in China, and reflects the growing demand for the company's premium Anchor -branded foodservice products and accompanying services.
Tags: center
application
customers
launches
Fonterra expected to meet its forecast payout
2015-11-04 05:29:41| Food - Topix.net
Fonterra Cooperative Group, the world's largest dairy exporter, is expected to be able to meet its forecast payout to farmers for this season even after dairy prices fell at a second consecutive auction. Average prices fell 7.4 percent at last night's GlobalDairyTrade auction, following a 3.1 percent decline the previous auction, which snapped four consecutive gains.
Tags: meet
expected
forecast
payout
Fonterra sells 9% stake in Australian firm Bega Cheese
2015-11-02 01:00:00| Food Processing Technology
New Zealand-based dairy cooperative Fonterra has sold their 9% stake in Australia-based Bega Cheese.
Tags: firm
australian
cheese
sells
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