ComCom wants more transparency about Fonterra's processing capacity

Mon, 15 Oct 2018

By Rebecca Howard Oct. 15 (BusinessDesk) - The Commerce Commission is concerned Fonterra Cooperative Group's plans to mothball processing plants are too opaque. The commission reviews the milk price manual at the start of each season to make sure Fonterra is calculating its farmgate milk price in line with the regulatory regime. Among the issues it identified in the draft review of the 2018/19 manual, the regulator said it wants greater transparency about mothballing decisions that will affect the milk price calculation. That's of pa...

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