Product mix 'saved' Fonterra - Hurrell

Product mix 'saved' Fonterra - Hurrell
Brent Melville
Fonterra chief executive Miles Hurrell said a large product range and diversity of markets was "saving" New Zealand's single largest export earner under the covid-19 global pandemic.“China goes through a hole in the floor in February and we can move those products into retail in Australia, for example.” Speaking at a Trans-Tasman Business Circle webinar, Hurrell said the crisis had reinforced the importance of being able to adapt to market conditions, saying that Fonterra's product diversit...

More Primary Sector

Pāmu backing Alliance Group’s capital raise
Primary Sector

Pāmu backing Alliance Group’s capital raise

The state-owned farmer is one of Alliance's largest shareholders.

Riley Kennedy 26 Nov 2024
Fonterra takes the wheel in Parmesan translation case
Primary Sector

Fonterra takes the wheel in Parmesan translation case

The Singaporean Court of Appeal handed down its ruling last week.

Riley Kennedy 26 Nov 2024
Pāmu lifts guidance as milk price, production rises
Primary Sector

Pāmu lifts guidance as milk price, production rises

State-owned farm operator now expects profit of between $25m and $40m.

Riley Kennedy 22 Nov 2024