
Fran O'Sullivan: 'Fonterra first' puts rest outside the loop
Wellington Beltway denizens often refer to MFAT as standing for the Ministry for Fonterra and other Trade.
Wellington Beltway denizens often refer to MFAT as standing for the Ministry for Fonterra and other Trade.
A partnership with Beingmate Baby & Child could begin boosting Fonterra's branded infant formula sales in China this year.
The decision to refuse to tell parents what they knew or that they were opting to take a lunatic at his word that the poisoning wouldn't begin until the end of March, was despicable, writes Josie Pagani.
A report into New Zealand's meat industry has come out heavily in favour of a single co-operative business model similar to Fonterra's to deal with decades-old issues of overcapacity and too much....
Market sentiment at tomorrow's GlobalDairyTrade auction will be tested following the revelations last week of a threat to the food safety of New Zealand infant formula, says ANZ.
New Zealand shares rose yesterday, paced by Fletcher Building, as investors were drawn to firms that have under-performed the benchmark index.
Dairy giant Fonterra will purchase an 18.8 per cent stake in Chinese infant formula maker Beingmate Baby & Child, slightly less than the 20 per cent shareholding it was aiming for.
This time, with the threat made by some nasty individual to poison baby formula with 1080, it certainly seems like Government and industry efforts have been much better co-ordinated.
The Government was right to say nothing until discreet inquiries had failed and there is a chance a public appeal might help police catch him. The interval appears to have permitted the industry to be well prepared.
Dairy exports may already be stuck on Chinese wharves as a result of a new import requirement that products be tested for 1080 contamination, says an industry group.
Police have been contacting known 1080 opponents in a bid to find the person behind a threat to contaminate New Zealand's baby formula stocks.
The Warehouse and Foodstuffs are reassuring customers they are doing everything they can to boost security in their stores.
News of New Zealand's infant formula contamination threat has spread across the world. Here is a selection of what the foreign press is saying.
After everything New Zealand's infant formula industry has been through over the past few years, the last thing it needed was yesterday's news of the 1080 threat.
Local infant formula producers are optimistic the 1080 threat is minimal but are fearful of the reputation damage it could cause.
The New Zealand dollar dropped by half a US cent on news of a threat to contaminate infant and other formula with 1080 poison.
Threats to contaminate infant formula with 1080 pesticide have been described as despicable and sick - but have caused more outrage than fear.
Dairy product prices rose in the latest overnight GlobalDairyTrade auction.
Murray Goulburn, Australia's biggest dairy co-operative, has confirmed a full-year forecast farmgate price of A$6 per kg of milk solids.
New Zealand's export dollar does not stretch as far as it did, after the terms of trade fell 1.9 per cent in the last three months of 2014.
Fonterra chief financial officer Lukas Paravicini rejects the notion that the co-operative is playing safe in keeping this season's farm gate milk price forecast at $4.70 a kilogram of milksolids.