Fonterra
Fonterra drops forecast milk payout
Fonterra's forecast milk payout would be its lowest in 13 years, with the latest drop expected to knock about $400 million from farmers' incomes. Audio
Questions over Fonterra's viability
An agricultural consultant and dairy farm owner says Fonterra's change to the way it pays contractors raises questions over its commercial viability.
Fonterra price drop 'gut-wrenching'
A dairy farmer has described Fonterra's drop in forecast payout as gut-wrenching and is questioning what more he can do to his business to cut costs.
Economist on forecast payout drop
Fonterra's cut its payout forecast for its 10.5 thousand farmer suppliers to $3.90 a kilo of milk solids which might rise to a maximum of $4.30 with added dividends. Audio
Fonterra's milk forecast now in "Severe" scenario
Fonterra's latest forecast milk payout has just been released, positioning it squarely in line with the severe scenario painted by the Reserve Bank. The dairy cooperative has just announced it'll cut… Audio
Fonterra cuts dairy payout
Further to this Fonterra has just lowered its payout to farmers to $3.90. Audio
Suppliers accuse Fonterra of unfair demands
Businesses that supply Fonterra are railing against what they say are crippling payment demands.
Fonterra suppliers say co-op's payment demands are crippling
Businesses that supply Fonterra say the dairy giant is putting the squeeze on them in a way no other company could get away with. Audio
Fonterra suppliers say co-op's payment demands are crippling
Businesses that supply services to Fonterra say the dairy giant are railing against payment demands they say are crippling and that no other company could get away with. Audio
Fonterra delaying payments, says MP
Fonterra is being accused of making businesses wait months for payment, and in some cases forcing them to take out bank loans to cover their expenses.
Fonterra contractors 'struggling' due to payment changes
South Taranaki district councillor and dairy farmer Phil Nixon says that Fonterra contractors are struggling, thanks to the company paying less and asking contractors to wait longer. Audio
Fonterra's payment changes 'bullying', says MP
As Fonterra moves to pay contractors less and make them wait longer for payment, National Party MP Chester Burrows says it is bullying and hurting those on the ground. Video, Audio
Fonterra's Kaikoura factory may close
Fonterra is considering closing its factory at Kaikoura, which would mean the loss of 22 full-time staff.
Bank forecasts on the line after another weak dairy auction
Hot on the heels of downward revisions to dairy companies' forecast payouts to farmers, some banks may revise their own outlooks again. Audio
Fonterra launches shake-up of board
Fonterra is starting a shake-up of its board, but one critic says he is not impressed the directors themselves will carry out the review.
Fonterra calls on discussion about slimmed down board
Fonterra is reviewing its governance structure, saying it wants farmers to tell it what they expect from the cooperative's board of directors. Audio
Fonterra owners seek smaller board, but still wants farmers
Fonterra is asking farmers to have a say on how the dairy giant should be governed. Audio
Fonterra receives low ranking for animal welfare
Dairy giant Fonterra has received a low rating for animal welfare standards and reporting in an international study.
Dairy farmers under pressure after forecast payout drop
More dairy farms may go on the market as desperate farmers struggle financially after Fonterra lowered the forecast payout to dairy farmers yesterday. Audio
Fonterra financially strong says chairman
Fonterra's slashing of its forecast payout to dairy farmers this season has knocked another billion dollar hole in the economy. Audio