Shrinking NZ milk pool plays into Fonterra’s hands – Hurrell

Shrinking NZ milk pool plays into Fonterra’s hands – Hurrell
Paul McBeth
A dwindling domestic dairy herd will play into Fonterra Cooperative Group’s plan to extract greater value from New Zealand milk by introducing scarcity to the market, chief executive Miles Hurrell says.The growing environmental regulatory burden was firmly on a number of farmers’ minds at yesterday’s annual meeting in Invercargill, and both Hurrell and chair John Monaghan were quick to reassure them the cooperative was working with policymakers, securing some wins and bearing some losses.However, Monaghan said that challenge wasn’t unique to Ne...

More Primary Sector

Wools of NZ reaches profitability
Primary Sector

Wools of NZ reaches profitability

A $1.4 million loss has turned into a profit.

Staff reporters 13 Mar 2025
Grasslanz Technology supreme winner at science awards
Primary Sector

Grasslanz Technology supreme winner at science awards

The company's ryegrass-protecting technology has an estimated economic value of $3.6b.

Staff reporters 13 Mar 2025
Fonterra's management reshuffled
Primary Sector

Fonterra's management reshuffled

Richard Allen has had his ingredients remit expanded.

Riley Kennedy 12 Mar 2025
China upholds T&G’s apple rights in court
Primary Sector

China upholds T&G’s apple rights in court

T&G Global can seek further compensation. 

Rebecca Howard 11 Mar 2025