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Tag: fonterra
Fonterra wants more say in milk acceptance
2015-08-23 22:22:16| Food - Topix.net
Fonterra says it should be allowed more discretion about what milk to accept from farmers and should not have to make milk available to large dairy processors, other than domestic market food producer Goodman Fielder. The co-operative's arguments come in a submission to the Commerce Commission which is reviewing the state of competition in the New Zealand dairy industry.
Tags: acceptance
milk
fonterra
Fonterra wants more say in milk acceptance
2015-08-23 21:53:30| Agriculture - Topix.net
Fonterra says it should be allowed more discretion about what milk to accept from farmers and should not have to make milk available to large dairy processors, other than domestic market food producer Goodman Fielder. The co-operative's arguments come in a submission to the Commerce Commission which is reviewing the state of competition in the New Zealand dairy industry.
Tags: acceptance
milk
fonterra
Fonterra hits pause button on equity trust scheme; UBS walks
2015-07-27 08:47:08| Food - Topix.net
Fonterra Co-operative Group has put on hold its plans to develop an Equity Partnership Trust that would have given its 10,500 farmer suppliers access to investor capital to help them with the compulsory purchase of Fonterra shares when they increase milk production. Chief financial officer Lukas Paravicini said the decision to shelve the trust proposal for now was a consequence of UBS deciding to end the advisory role that began late last year, for reasons unrelated to the trust itself, as well as volatility in dairy and equity markets.
Tags: button
hits
trust
equity
New Zealand dairy exporter Fonterra cuts jobs as global demand drops
2015-07-17 00:51:22| Food - Topix.net
A farmer monitors operations as dairy cows are milked in a milking parlour at a farm that supplies to Fonterra Cooperative Group Ltd. in Hamilton, New Zealand, on March 19. New Zealand dairy exporter Fonterra is cutting jobs in an effort to shore up its cash flows as a slump in global dairy demand, particularly from No. 1 buyer China, threatens to snuff out the country's "white gold rush."
Tags: jobs
global
demand
zealand
Dairy giant Fonterra to cut jobs
2015-07-16 07:13:48| BBC News | Business | UK Edition
The world's largest dairy producer, New Zealand's Fonterra, says it plans to cut more than 500 jobs in the face of tumbling diary prices.
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