With a can-do attitude and a bit of Kiwi ingenuity, local Belmont Primary School student Jay Verry has proven anything is possible - fulfilling his dream of becoming an ice cream vendor for Tip Top.
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Federated Farmers has welcomed the 89.51 percent vote in favour of constitutional safeguards around Trading Among Farmers (TAF).
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The first 37 containers filled with 940 metric tonnes of high quality whole milk powder have left Fonterra's new manufacturing site at Darfield, headed for a customer in China.
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CANTERBURY — Fonterra welcomes the decision of the Commerce Commission to approve the acquisition of the assets of the New Zealand Dairies Ltd group in South Canterbury.
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The downwards payout revision by both Fonterra Cooperative Group and Westland Milk Products for 2012/13, are harbingers of harder economic and farming times.
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Fonterra has welcomed the Commerce Commission’s final Dry Run Report on the dairy co-operative’s Farmgate Milk Price, released today.
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The first bags of whole milk powder have rolled off the production line at Fonterra's new $200 million manufacturing site near Darfield in Canterbury and are bound for South East Asia, China and the Middle East.
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DARFIELD — The new 60-strong team at Fonterra Darfield are into their final few weeks of trials before the first milk arrives.
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Fonterra shareholders have voted in favour of implementing Trading Among Farmers.
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Fonterra’s Board, the Shareholders’ Council and former industry leaders are united in their support of Trading Among Farmers (TAF),” says Chairman Sir Henry van der Heyden.
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Fonterra will no longer be in control of its own destiny if Trading Among Farmers does not proceed, Fonterra CEO Theo Spierings said today.
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Cash invested in buying units in the Fonterra Shareholders' Fund will go to farmers selling the economic rights of their shares - not Fonterra, says Chairman Sir Henry van der Heyden.
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Fonterra confirmed today it has entered into a conditional agreement to acquire the milk processing assets of the New Zealand Dairies Ltd group in South Canterbury.
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A project to improve traffic safety in and around more than 70 Fonterra manufacturing and office sites in New Zealand and globally, was recognised at the Safeguard NZ Workplace Health and Safety Awards held at SkyCity Convention Centre in Auckland last night.
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Fonterra Co-operative Group Limited’s Board has decided it will ask farmer shareholders to vote on a special resolution to tighten controls around Trading Among Farmers at the Special Meeting on June 25.
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Fonterra today announced a 30 cents decrease in its forecast Farmgate Milk Price for the current season to $6.05 per kilogram of milksolids (kgMS), in response to softening global dairy commodity prices.
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Fonterra is teaming up with New Zealand rugby team captain Richie McCaw as an ambassador to help build pride among New Zealanders for the dairy co-operative.
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The Dairy Industry Restructuring Act Amendment Bill is crucial to Fonterra and crucial to New Zealand, Chairman Sir Henry van der Heyden said in his opening remarks to the Primary Production Select Committee today.
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Fonterra today unveiled the next step in its strategy to build a high-quality, sustainable fresh local milk supply in China, announcing plans to develop two new large-scale dairy farms in Hebei province.
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Fonterra Edendale's Drier 4 (ED4) has set a new world record for producing 20,826 metric tonnes (MT) of milk powder for the month of March.
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Fonterra Co-operative Limited today outlined details of its Group Strategy Refresh which aims to grow volumes and value by focusing more tightly on emerging markets and products that meet growing consumer demand for dairy nutrition.
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Fonterra Co-operative Group Limited has welcomed the introduction of a Bill that will help pave the way for the introduction of Trading Among Farmers (TAF).
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A young Christchurch chef served up the best savoury dish as voted by judges at the Fonterra Foodservices Proud to be a Chef Australasian final in Melbourne earlier this month.
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NORTHLAND — Northland community leaders gathered at Manaia View School in Whangarei this morning to celebrate the first day of the Fonterra Milk for Schools programme.
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Around 10,000 Northland children will receive a serving of milk at school today as Fonterra Milk for Schools kicks into gear.
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DARFIELD — Fonterra’s first new processing site in 14 years is on track for taking milk at Darfield from August.
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Fonterra has announced a revised payout forecast for the 2011/12 season of $6.75 - $6.85, for a fully shared up farmer, 15 cents down on the previous forecast.
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Fonterra Co-operative Group Limited welcomes Government moves that would see independent processors with their own supply lose eligibility to regulated milk, but says proposed amendments to the Raw Milk Regulations need refinement to achieve this outcome.
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NORTHLAND — A daily dose of dairy nutrition will be in the timetable for students at Northland's Kaiwaka Primary School from next month as the school becomes one of the first to take part in Fonterra Milk for Schools.
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Fonterra said today it was still working through the detail of the Government’s proposals on the oversight of farmgate milk pricing, but said it was already clear that the proposed changes to Raw Milk Regulations were a backward step.
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Fonterra Shareholders’ Council Chair Simon Couper says the New Zealand Government is putting the interests of foreign-owned milk processors ahead of the country’s economy and the New Zealand public.
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Fonterra has broken its record for the highest export month with 246,000 tonnes of dairy products loaded on ships during December boosting New Zealand’s economy by $1.3 billion for the month.
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Fonterra CEO Theo Spierings today announced a “Milk for Kiwis” plan to make milk more affordable and more available to all New Zealanders.
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Fonterra’s shareholders heard today that the co-operative will present options addressing concerns about some aspects of Trading Among Farmers (TAF) during a round of meetings starting in late January.
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Fonterra today said the 2010/11 Clean Streams Accord snapshot results show the Co-operative’s 10,500 farmers are heading in the right direction with sustainability, but there is more work to be done.
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Fonterra is taking further steps to protect water quality in dairying regions by including a new clause in its terms and conditions of supply that will contribute to the quality of New Zealand’s lakes, rivers and streams.
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Fonterra Co-operative Group said today that its Managing Director Global Ingredients and Foodservice (GIF) Andrei Mikhalevsky had resigned and would leave the co-operative at the end of the year.
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With only a few days until voting closes in Fonterra’s Director and Council Elections Shareholders’ Council Chair, Simon Couper encourages shareholders to exercise their rights as owners of the Co-operative and vote.
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The majority of Fonterra’s operations in the upper North Island have been up and running since yesterday after Vector made a limited gas flow available.
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Vector has advised Fonterra that it is providing limited gas flows to some of Fonterra’s upper North Island sites.
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Fonterra has announced a revised payout forecast for the 2011/12 season of $6.70-$6.80 for a fully shared up farmer, 45 cents lower than the opening payout forecast announced in May.
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Voting is now open for the 2011 Fonterra Board of Directors’ and for the Shareholders’ Councillor Elections in Ward 16 (Rotorua), Ward 22 (Central Taranaki), Ward 25 (Northern Manawatu), Ward 26 (Hawke’s Bay) and Ward 31 (Mid Canterbury).
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WANT SAUCE WITH THAT? - 60,000 SNARLERS ON WAY FOR ‘THE FONTERRA SHOUTS’ A Southland butcher is seeing sausages in his sleep after serving up the first of 60,000 sausages this week in preparation for what is expected to be the nation’s largest sausage sizzle.
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Thousands of Aucklanders and visitors expected at the Kiwi Day Out in the Auckland Domain, on Labour Day, can help restore the lustre of a Hauraki Gulf jewel in Auckland’s front yard.
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A good autumn and a reasonable winter throughout the country is resulting in record milk flows for Fonterra’s processing sites across the country.
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Fonterra’s new CEO, Theo Spierings, is going to take a fresh look at the price of milk in New Zealand.
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Fonterra Brands (New Zealand) Ltd (FBNZ) is extending the products covered by a voluntary recall of some Mainland cheese products.
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FINAL PAYOUT OF $8.25 (BEFORE RETENTIONS) $10.6 BILLION FLOWS INTO NZ ECONOMY FROM DAIRY EXPORTS AND OVERSEAS CONSUMER BUSINESSES A bumper year for dairy exports and strong contributions from overseas businesses have boosted Fonterra to record results for the 2011 financial year.
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Fonterra Shareholders’ Council Chair Simon Couper said Fonterra’s record final payout for the 2010/ 2011 season is a great result for Fonterra farmers and one all New Zealanders will benefit from.
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Fonterra Brands (New Zealand) Ltd (FBNZ) is conducting a voluntary recall
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Fonterra says it is committed to emissions reductions and will continue to work within the business and on-farm to see them achieved.
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Fonterra has announced the appointment of Sarah Kennedy as CEO of rural supplies company RD1.
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Following extensive coverage and discussion in some quarters that Trading Among Farmers (TAF) presents a threat to farmer ownership and control of the Fonterra co-operative, Fonterra Shareholders’ Council Chair Simon Couper has sent a message to shareholders and board alike stating that when it comes to TAF it is 100% shareholder ownership and control of the co-op or nothing.
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Fonterra Co-operative Group is proposing changes to the Raw Milk Regulations that will ensure processors supplying New Zealanders with dairy products get their fair share of regulated milk.
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Fonterra today confirmed there was no change to its opening season forecast payout for 2011/12 of $7.15 - $7.25 before retentions.
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Fonterra’s pharmaceutical lactose 50/50 joint venture with Dutch dairy company Royal FrieslandCampina is further cementing its place as the world’s leading supplier of lactose excipients with an agreement to acquire an Indian pharmaceutical company.
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Fonterra has today announced it will be restructuring its organics operations.
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Fonterra and MOTAT say the future of science in New Zealand is looking healthy, judging by Kiwi kids’ response to MOTAT’s Holiday Experience held during the July school holidays.
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Fonterra Shareholders’ Council Chair Simon Couper said the Commerce Commission’s decision to reject an inquiry into the price of milk is a vindication for all Fonterra farmers.
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Fonterra has welcomed today’s Commerce Commission announcement not to hold a price control inquiry into the New Zealand milk market.
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Fonterra Brands New Zealand has confirmed that it will reduce butter and cheese prices next month in line with international price decreases.
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Internationally renowned competition expert, Compass Lexecon, has concluded that competition in New Zealand dairy processing has increased since Fonterra was formed and that the way Fonterra sets its farmgate milk price is sound.
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Fonterra Shareholders’ Council Chairman Simon Couper has welcomed the announcement from David Carter of a review of raw milk regulations.
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Fonterra announced today it has signed an agreement with the Government of Yutian County of China to develop a new dairy farm in Yutian County, Hebei Province.
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AUCKLAND — Fonterra Co-operative, a global leader in dairy nutrition today announced the appointment of Mr Theo Spierings as its new CEO.
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Ratings agency Standard and Poor’s has assigned a rating of A+ for the bonds issue from Fonterra’s Australian subsidiary.
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Ratings agency Fitch Ratings has assigned a rating of AA- for the bonds issue from Fonterra’s Australian subsidiary.
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Fonterra has today announced it has successfully raised AU$300 million (NZD $388.3 million) through its first ever issue of corporate bonds in Australia.
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Fonterra and Silver Fern Farms announced today the launch of Kotahi, a partnership that aims to bring New Zealand’s exporters and importers together to lift the performance of the country’s supply chain.
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Fonterra has acquired 100 per cent of rural supplies chain RD1 in a move that will provide fresh opportunities for its shareholders.
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Fonterra has successfully raised 300 million yuan (approximately US$42 million or NZ$56 million) through an issue of CNH (Chinese yuan deliverable in Hong Kong) denominated bonds.
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Fonterra Co-operative Group Limited announced today it is seeking to raise 300 million Chinese yuan (approximately USD42 million, NZD56 million) through a bond issue denominated in CNH (Chinese yuan deliverable in Hong Kong).
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KickStart Breakfast the school breakfast programme, run by Fonterra and Sanitarium, has today celebrated serving its two millionth breakfast for Kiwi children on World Milk Day, 1 June 2011.
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Fonterra has become the first New Zealand company to be invited to join the World Customs Organization’s Private Sector Consultative Group (PSCG).
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The Fonterra Shareholders’ Council says every New Zealander should be celebrating Fonterra’s payout announcement today.
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Fonterra Shareholders’ Council Chairman Simon Couper said it was very disappointing to see dairy farmers made the target of a cheap shot that ignores the facts.
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Fonterra and its farmer shareholders are on track to report record production for the 2010/2011 season following some of the best autumn weather conditions in recent years.
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You may have noticed that the GlobalDairyTrade website, www.globaldairytrade.info, has a new look and branding.
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Fonterra Co-operative Group confirmed today it was in the final stages of plans to purchase land to develop a pilot dairy farm in Brazil in line with its strategy to establish best practice dairy farms in the fast growing economies of Asia and Latin America.
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Fonterra has welcomed today’s pre-Budget announcement on the Irrigation Acceleration Fund to support the development of irrigation proposals up to the investment stage.
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The Minister of Agriculture, the Right Honourable David Carter has indicated that, due to the legislative timetable being backed up because of the Canterbury earthquakes, the changes required to enable Trading Among Farmers look like they will not be taken up prior to the election.
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Fonterra has announced it will spend $27 million to make its tanker fleet safer, greener and easier to handle.
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Fonterra has recorded its highest ever month for exports with 229,000 tonnes of its dairy products leaving New Zealand shores in March.
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Fonterra announced today that cheddar cheese would be offered for sale on the globalDairyTrade electronic trading platform from the 19 July Trading Event.
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Strong international dairy markets mean 2010/11 is shaping up as one of Fonterra's best years ever in terms of returns to its farmer shareholders, Fonterra said today.
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One of New Zealand’s best known and most-loved cheese brands, Kapiti, has won a slew of awards at this year’s Cuisine NZ Champions of Cheese Awards.
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Fonterra said today the slight increase in significant non-compliance with regional council dairy effluent rules was unacceptable, but believed its Every Farm Every Year inspections regime was a concerted effort to turn this result around.
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Capital structure changes that will let farmers trade Fonterra shares among themselves will enhance the ability of farmers to enter or exit the Co-operative – a key objective of the Dairy Industry Restructuring Act (DIRA), Fonterra said today.
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Top Kiwi trainee chef Elliott Pinn from Christchurch was awarded silver at the Australasian Final of Fonterra Foodservices Proud to be a Chef last week [Eds: 1 - 3 March 2011].
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Paolo Pancotti from Pizza Pazzi in Napier took away the national pizza champion title at the first New Zealand Fonterra Foodservices Global Pizza Challenge last night [Eds: Wednesday 2 March].
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CHRISTCHURCH — Fonterra confirmed today that the Fonterra Earthquake Relief Fund will contribute more than $3 million to the Canterbury earthquake relief effort.
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CHRISTCHURCH — Individual donations from farmers and staff along with Fonterra contributions have reached $3,000,000.
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Fonterra's Chairman, Sir Henry van der Heyden today announced that the Co-operative's CEO, Mr Andrew Ferrier, intended to step down from his role in the second half of this year.
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Now heat and acid stable, it’s the cream of the crop.
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