Tag: Fonterra dairy export

• Monday, July 20th 2015 - 07:37 UTC

  Dairy prices forecasted to continue falling as Southern hemisphere milking season takes off

  

  New Zealand dairy exporter Fonterra is cutting jobs in an effort to shore up its cash flows as a slump in global dairy demand, particularly from number one buyer China, threatens to snuff out the country’s “white gold rush.”

• Friday, March 14th 2014 - 10:07 UTC

  Fonterra, world's leading dairy exporter admits four food-safety violations

  

  New Zealand's Fonterra has admitted four food-safety violations following a botulism scare last year that led to recalls of milk products in China. Government officials had filed charges against the dairy company, accusing it of processing and exporting dairy products which did not meet standards.