Fonterra: latest news, analysis and trading updates | ESM Magazine

Dairy Giant Fonterra Defers Annual Results To End September

New Zealand-based dairy giant Fonterra has announced a deferral of its annual results announcement to the end of the month, citing ‘significant accou...

Dairy Giant Fonterra Anticipating Major Loss In FY 2019

New Zealand-based dairy giant Fonterra has said that it expects to report a loss of between NZ$590 million (€341 million) and NZ$675 million (€39...

Dry Weather Crimps Fonterra's NZ, Australia Milk Output

Dairy group Fonterra on Thursday said its New Zealand milk production fell 10% in April from the year before as dry weather hit farms. The world's bigge...

Fonterra Cuts Guidance, Shuts Plant In 'New Norm' For Australian Dairy

New Zealand's Fonterra on Thursday cut its annual earnings guidance and said it would close a more than 100-year-old facility in Australia as dry weather a...

Global Dairy Prices Rise Again At Auction

Global dairy prices rose at the first auction of the year last week, continuing a recovery after falling throughout most of last year. The GDT Price Ind...

Global Dairy Prices Fall, Dragged Down By Whole Milk Powder

Global dairy prices dropped for the sixth time in a row at a fortnightly auction on Wednesday as prices for a key product, whole milk powder, sank to a two...

Miles Hurrell To Take Over As Fonterra's Interim CEO

New Zealand's dairy cooperative, Fonterra, has named Miles Hurrell as its interim CEO. The decision comes months after Theo Spierings steppe...

Global Dairy Prices Fall, Muted By Ramped-Up New Zealand Supply

Global dairy prices fell from nine-month highs hit the previous month at a fortnightly auction held early on Wednesday, as strong supply muted buyers' will...