As for Australia, Fonterra's milk collection there reached 107.8 million kgMS for the full 2019/20 season to 30 June 2020, which was "a pretty decent result," Swales said.
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"For our Australian business we have all the milk we need to keep our factories running efficiently so we're not driving for heaps more milk which takes the pressure off."
Meanwhile, Fonterra welcomed a new member to the Asia-Pacific team.
Susanne Arfelt Rajamand is now the co-op's managing director for South East Asia, a market that has "a lot of opportunities," Swales said.
"Susanne's really there to help us harness these opportunities ... she's worked with the likes of McCormick, Unilever and Disney and she has actually lived in Singapore for 12 years ... so she knows and understands the region."
Also in today's interview: Swales talked about how Fonterra was dealing with lockdown restrictions for Covid-19 in New Zealand and Australia.