Fonterra clarifies stance amid labeling concerns
New Zealand-based dairy giant Fonterra has issued a formal statement acknowledging that its “100% New Zealand grass-fed” claim on Anchor butter packaging may have misled some consumers, following a legal settlement with environmental group Greenpeace. The label, used on products sold between December 2023 and April 2025, came under scrutiny because cows’ diets also included…
Mega dairy deals reshape New Zealand sector
New Zealand’s dairy landscape is undergoing a major transformation with two significant acquisitions completed this week, signaling a strategic shift in global dairy investments. French giant Lactalis has taken over Fonterra’s global consumer and related businesses in a deal valued at $4.2 billion, effective March 31, 2026. The acquisition includes the Mainland Group, featuring iconic…
Fonterra Reports Strong HY26 Earnings Growth
New Zealand dairy giant Fonterra has delivered another strong financial performance for the first half of FY2026, reporting total group revenue of NZ$13.9 billion, up NZ$1.3 billion year-on-year, reflecting improved market conditions and operational strength. The cooperative posted a profit after tax of around NZ$750 million, supported by higher earnings across its core businesses and…
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…
Fonterra provides Farmgate Milk Price and earnings update
Fonterra Co-operative Group Ltd has today lifted its forecast Farmgate Milk Price for the 2025/26 season and narrowed its forecast range. Fonterra expecting to distribute Mainland Group earnings as special Mainland dividend Fonterra confirms FY26 forecast earnings guidance from continuing operations Fonterra lifts 2025/26 season forecast Farmgate Milk Price midpoint from $9.00 per kgMS to $9.50 per kgMS The midpoint has increased from $9.00 per kgMS…
Fonterra Shifts to Protein After $4.2B Mainland Exit
Fonterra is positioning itself around surging global protein demand, which executives describe as exceptionally strong across Europe and the United States. Dairy protein’s quality and versatility in products such as shakes, bars, and fortified foods make it central to the co-operative’s long-term strategy following the planned $4.2 billion sale of its Mainland consumer business to…
Fonterra Global Dairy Update Signals Price & Supply Trends
Fonterra Co-operative Group has posted its Global Dairy Update for January 2026, highlighting ongoing shifts in global milk supply and market dynamics amid sustained dairy production across major producing regions. While detailed commentary in the update itself is limited, broader dairy price trends show strong milk flows putting pressure on farmgate price forecasts in key…
Fonterra Calls India FTA Outcome “Disappointing” on Dairy Access
New Zealand’s largest dairy co-operative, Fonterra, has acknowledged the conclusion of the India–New Zealand Free Trade Agreement (FTA) but described the outcome as disappointing for dairy access, particularly for core dairy exports. In an official statement, Fonterra’s Global External Affairs Director Simon Tucker said that despite strong advocacy by New Zealand negotiators, the agreement was…
NZ Dairy Structure: One Major Firm, Strong Follower & Niche Players
In his recent commentary, agribusiness analyst Allan Barber applauds the evolution of the New Zealand dairy sector into a balanced market structure: one dominant processing company, a credible second-tier follower, and several specialist firms each focused on narrow but successful product ranges. He points out that the leading co-operative Fonterra Co‑operative Group Ltd still controls…
NZ Dairy War: Fonterra’s Milk Share Slipping Despite Profit Surge
Despite a record payout and $1.1B profit, the co-op’s share of the New Zealand milk pool is shrinking as independent processors intensify competition. Despite reporting a massive profit after tax of $1.1 billion and a record $10.16/kgMS milk price for the last season, Fonterra Co-operative Group is struggling to defend its dominant market position. The dairy giant confirmed it netted a higher volume…