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Home / New Zealand

Listen to The Country: Fonterra CEO Miles Hurrell on selling consumer arm to Lactalis

The Country
22 Aug, 2025 01:59 AM2 mins to read

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Fonterra chief executive Miles Hurrell spoke to The Country's Jamie Mackay today.

Fonterra chief executive Miles Hurrell spoke to The Country's Jamie Mackay today.

Today on The Country radio show, host Jamie Mackay is in Tauranga, where he catches up with three chief executives: Kelvin Wickham of Ballance Agri-Nutrients, Zespri’s Jason Te Brake, and Miles Hurrell of Fonterra.

Hurrell discusses the dairy co-operative’s agreement to sell its consumer arm to French dairy giant Lactalis.

On with the show:

Kelvin Wickham:

The chief executive of Ballance with the fertiliser co-ops’ annual results.

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Plus Ballance Agri-Nutrients has been forced to take an $88 million hit on the value of its Taranaki manufacturing facility, given the uncertainty surrounding its future gas supply.

Jason Te Brake:

The chief executive of Zespri says the co-op’s latest forecast reflects the strong start to the season, with average per-hectare returns forecast to reach record levels for all categories other than SunGold and Organic Green.

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Plus, Te Brake talks about Zespri’s 2035 ambition for “being the world’s healthiest fruit brand,” and why green kiwifruit is the first-ever fresh fruit to receive an authorised health claim from the European Commission.

Richard Dawkins:

Federated Farmers’ meat and wool chairman will join other farming and wool industry leaders at strong wool workshops in Otago and Southland next week.

He writes there’s reason for hope that the strong wool industry has turned a corner - but farmers need to get in behind the change-makers.

Chris Russell:

Our Australian correspondent talks cotton, coffee and footy.

Miles Hurrell:

Fonterra’s chief executive discusses the co-op’s agreement to sell its consumer and associated businesses to French food group Lactalis for $3.845 billion.

Plus, Fonterra’s increased 2024/25 season forecast Farmgate Milk Price

Listen below:

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