Fonterra Archives - Inside FMCG
Fonterra is ending its Milk for Schools initiative to expand its involvement in the Grow KickStart program with Sanitarium.
The latest move of RFG falls under its 18-month restructure and transformation.
Fonterra CEO says “the drivers of value are changing”.
This week’s top headlines.
Lactalis, Saputo and Danone are among 13 global dairy companies that have worsened climate pollution, according to the Institute of Agriculture and Trade Policy report in the US.
Agriculture was labelled essential during New Zealand’s lockdown and was one of the few industries able to keep doors open.
Lion and CUB both slipped back in the rankings based on company revenue.
Demand for infant formula and skim milk powder from Australia also dropped over the last 12 months.
The top headlines this week.
The purchase is part of the dairy giant’s plans to streamline operations in the country.