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Aussies to follow Fonterra model
Dairy

Aussies to follow Fonterra model

Australia's largest dairy cooperative Murray Goulburn (MG) looks set to follow Fonterra in adopting a specialised financial instrument to expand its capital base while retaining exclusive farmer ownership and control.

Farmers cash in on high Fonterra shares
Dairy

Farmers cash in on high Fonterra shares

The allure of a high share price is proving too much for a growing number of Fonterra's farmers, with more choosing to sell up and move to competing cooperatives and dairy companies, says Fonterra's director of milk supply, Steve Murphy.