Fonterra Lifts Outlook Amid Middle East Risks
New Zealand dairy giant Fonterra has raised its full-year earnings guidance to 50–65 NZ cents per share, up from the earlier 45–65 NZ cents, reflecting improved global commodity prices, strong margins and disciplined cost control despite rising geopolitical uncertainties. The company reported a 3% increase in half-year profit to NZ$750 million for the six months…
Dairy Sector a ‘Safety Net’ for Farmers: NABARD
The Chairman of National Bank for Agriculture and Rural Development, Shaji K V, has highlighted the crucial role of India’s dairy industry in protecting rural livelihoods, describing it as a “safety net for farmers” during periods of crop failure or income instability. Speaking at an agri-business event, he said the dairy sector provides regular cash…