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Fonterra faces 'substantial' drop in milk production

2015-10-16 07:56:37| Food - Topix.net

Fonterra Cooperative Group's milk production has dropped heading into the seasonal peak as suppliers to New Zealand's largest commodity exporter respond to low dairy prices by winding back their output. Fonterra's milk intake for September, when production typically ramps up ahead of the peak in mid-October, was 8.7 percent below the year-earlier month, the Auckland-based cooperative said in a statement.

Tags: production drop substantial faces

 

Fonterra Cobden Dairy Plant Expansion, Victoria

2015-10-14 01:00:00| Food Processing Technology

Fonterra began expansion of its dairy manufacturing facility in Cobden, South West Victoria, Australia, in February 2015.

Tags: plant expansion victoria dairy

 
 

Candidates for Fonterra BoD Election Confirmed

2015-10-13 05:17:00| Food - Topix.net

Candidates for the Fonterra Directors' Election were announced by the Returning Officer today, following the completion of the Candidate Assessment Panel process. This year six candidates are standing for the Fonterra Board of Directors.

Tags: confirmed election candidates bod

 

Fonterra Chairman Acknowledges Conclusion of TPP Agreement

2015-10-06 05:49:19| Food - Topix.net

Fonterra Co-operative Group Limited Chairman John Wilson said the conclusion of the Trans Pacific Partnership agreement in Atlanta, USA, today was a small but significant step forward for the dairy sector. "TPP has been an enormous undertaking," said Mr Wilson, returning from Atlanta.

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Fonterra CEO Theo Spierings' salary freeze offer too late, farmers say

2015-10-01 07:22:30| Food - Topix.net

Fonterra boss Theo Spierings' salary has been frozen at his own request, but he will still qualify for major bonuses on top of his salary. Spierings requested the freeze for the 2015-16 year at a meeting of the company's people, culture and safety committee on September 21. That was the same day Fonterra confirmed 230 more jobs were going, adding to the 523 staff already made redundant in July.

Tags: offer late ceo salary

 

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