Fonterra

Midpoint drops to $7/kg MS from $8/kg MS.

DPA-Lactalis deal held up while ‘reservations’ are unpacked.

Second on-market buyback programme announced.

China foodservice brings in protein and probiotics

Aimed at gamers, the powdered formulation contained ingredients to help filter blue light for eye health.

Co-op has arranged matters so that $800m August payout will not be taxed.

Shareholding in US bio-tech company just the start.

‘Forecast prices are at or below Rabobank’s estimation of average costs of production'

Going after China food marketer’s Aus directors not worth the expense

But farmers will be nervous about downward trend in milk prices.

Winter shutdown will be spent converting boilers at three more sites to run on biomass instead of coal.

Fonterra farmers flock back to offer in May after April cold shoulder.

South Korea’s demographic receptive to functional fortified protein drinks.

Change reflects lower than expected short-term demand for products.

Hailed as significant milestone in implementation of Fonterra’s strategy.

Exports halted but Moscow sales office still open, awaiting ‘final regulatory clearances’.

Flexible Shareholding to be implemented on March 28.

Sentiment greatly improved by prospect of dividends and a capital return this year.

Move goes some way to making up for halving of share price since 2021.

Good news for farmers and producers – and more to come, says co-op.

Genesis’ Huntly wood fuel trial confirms same fuel source can be used for different boiler types, says Whineray.

Milk price midpoint sitting right around break-even.

The signs out of China are encouraging, says Fonterra CEO Miles Hurrell, but it’s too soon to tell how this will play out in the rest of the season.

New development is part of its efforts to shift away from coal.

Fonterra China's foodservice division claims slice of Lunar New Year spend.

Japan opens up to NZ butter and cheese.

Fonterra competition brings winning Japanese bakers and pastry chefs to NZ.

Fonterra looks to meet the needs of aging global population.

French company should own Dairy Partners Americas by mid-2023.

Market beaming as co-op hikes earnings guidance.

Prices tread water in absence of market news.

NZX provides insights on the week that was in dairy.

Food giant, co-op set up showcase dairy unit to trial strategies and tech.

New capital structure makes it easier for farmers to become members.

None of this should be news to those who’ve been watching global food production trends in recent years.

The market capitalisation of the fund had dropped $93 million, or 22% in the past year.