Category Archives: Fonterra

Fonterra produces a solid half-year set of results but it is not all plain sailing ahead

Fonterra has produced a solid set of results for the first half of the 2016/17 season, with after-tax profit up two percent to $418 million. Results were broadly in line with market expectations. Prices for Fonterra units had been drifting … Continue reading

Posted in Dairy, Fonterra | 1 Comment

Dairy outlook cools down

The latest dairy auction on 7 March has brought a cool breeze to the dairy outlook. There are signs it could turn even colder at the next auction. Whole-milk powder (WMP) at this last auction was down 22 percent to … Continue reading

Posted in Agribusiness, China, Dairy, Fonterra | 7 Comments

Bellamy’s organic infant formula derails in China

For the last two years, Bellamy’s organic infant formula out of Australia has been one of the two rising stars of the Chinese infant formula market. The other has been ‘a2 Platinum’ produced here in New Zealand by Synlait for … Continue reading

Posted in Agribusiness, China, Dairy, Fonterra | 4 Comments

Fonterra provides encouragement for non-seasonal milk

Fonterra has recently announced new price premiums for winter milk as from the winter of 2017.  It has done this quietly, without any press release, in an email to all of its farmer suppliers. Fonterra says it has ‘taken a … Continue reading

Posted in Dairy, Fonterra | 3 Comments

Dairy volatility has not gone away

Fonterra’s recent upgraded estimate of $6 per kg milksolids (fat plus protein) for the 2016/7 milk price has been welcomed by everyone in the industry. Given that it is only six months since Fonterra’s initial for this season of $4.25, … Continue reading

Posted in Agribusiness, China, Dairy, Fonterra | 3 Comments

China’s infant formula market continues to evolve

Chinese infant formula imports are now worth more than twice the value of whole milk powder (WMP) imports. According to Italian information analysis company CLAL, infant formula imports to China for the first nine months of this year had a … Continue reading

Posted in Agribusiness, China, Dairy, Fonterra | Tagged | 7 Comments

China Farms and Australia are Fonterra ‘work-ons’

Fonterra’s recently announced profit figure for 2015/16 of $834 million is a big step forward from the $506 million of 2014/15. The biggest underlying source of improvement appears to have been the margin for commodity cheese over and above the … Continue reading

Posted in Agribusiness, Dairy, Fonterra | 2 Comments