Fonterra Archives - Inside FMCG

Fonterra rolls out payment scheme to encourage more sustainable farming practices

Fonterra CEO says “the drivers of value are changing”.

This week in FMCG

This week’s top headlines.

Fonterra slammed for high global carbon emissions

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.

Fonterra boosts earnings

Agriculture was labelled essential during New Zealand’s lockdown and was one of the few industries able to keep doors open.

Caltex takes top spot in list of Australian manufacturers

Lion and CUB both slipped back in the rankings based on company revenue.

Aussie milk declines at Fonterra

Demand for infant formula and skim milk powder from Australia also dropped over the last 12 months.

This week in FMCG

The top headlines this week.

Fonterra spends NZ$30m to gain control of Chilean milk processor

The purchase is part of the dairy giant’s plans to streamline operations in the country.

Fonterra raises forecast milk price

Fonterra chief executive Miles Hurrell said there are positive signals for milk price but warned that a lot can change.

Fonterra welcomes Mercury NZ boss to new role of chief operating officer

Fraser Whineray will join as chief operating officer in early 2020.