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A farmer and a foundation member of Fonterra discusses the upcoming farmer vote for the co-op's $4.22 billion sale of Mainland to Lactalis. Plus, what questions farmers have been asking Fonterra about the deal at the co-operative’s road shows.See omnystudio.com/listener for privacy information.
Fonterra's making the case to shareholders in a bid to sell off its iconic brands. French dairy giant Lactalis has agreed to pay $4.2 billion for the consumer business. The Country's Hamish McKay explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.
On today's REX Daily Podcast, Dom talks with Stu Davison from HighGround Dairy at the World Dairy Expo in Madison, Wisconsin, about Fonterra's Full Year result, the Synlait Milk's agreement to sell its North Island sites to US healthcare company Abbott and the current state of global milk supply... He talks with Peter 'Razor' Reynolds about his charitable organisation, Moral Compass, which helps vulnerable youth through endeavours such as hunting and fishing, his own battles as a youth in London before joining the British Army and the upcoming book on his life... And he talks with rower Ben Taylor about his recent win in the men's pair with Oliver Welch at the world rowing championships in Shanghai, being part of the bronze medal performance in the first ever mixed eight event and his reflections on a successful season before he takes a well earned break. Tune in daily for the latest and greatest REX rural content on your favourite streaming platform, visit rexonline.co.nz and follow us on Instagram, Facebook and LinkedIn for more.
Dom talks with Stu Davison from HighGround Dairy at the World Dairy Expo in Madison, Wisconsin, about Fonterra's Full Year result, the Synlait Milk's agreement to sell its North Island sites to US healthcare company Abbott and the current state of global milk supply. Tune in daily for the latest and greatest REX rural content on your favourite streaming platform, visit rexonline.co.nz and follow us on Instagram, Facebook and LinkedIn for more.
Fonterra has delivered one of its strongest results, with revenue up 15 percent, and 16 billion dollars in cash returns for shareholders. Tihoi Dairy farmer Richard Webber spoke to Alexa Cook.
Our largest company has been seeing profits surge, despite a period of contraction in the economy as a whole. Fonterra's confirmed a 13% rise in annual operating profit. Its final farmgate milk payout to farmers has reached a new record high of $10.16 and its cash return to shareholders is up 30.6%. Fonterra Chair Peter McBride told Mike Hosking we need dairy to do well for the country to do well. He says dairy is a critical part of the New Zealand economy, and the Government can't grow the economy without growing dairy. LISTEN ABOVE See omnystudio.com/listener for privacy information.
At the end of each week, Mike Hosking takes you through the big-ticket items and lets you know what he makes of it all. Donald Trump: 2/10 Possibly his worst and easily his maddest week yet. Tylenol, the war, Jimmy Kimmel, James Comey, the visas, the escalator, and the teleprompter. Unhinged doesn't even come close. Jimmy Kimmel: 7/10 Won the moral ground on free speech. Disney: 2/10 Lost the morale ground by being spineless, and putting their prices up. Fonterra: 9/10 The numbers and the success are amazing. The Ranfurly Shield: 7/10 It's changed hands four times this season and the last two have been sensational games. Palestine: 4/10 Are you as surprised as I am that after all those pledges of recognition the war hasn't stopped, the food hasn't flowed, and Hamas are still open for business in Qatar? LISTEN ABOVE FOR MIKE HOSKING'S FULL WEEK IN REVIEW See omnystudio.com/listener for privacy information.
Fonterra's CEO says cheaper butter prices could be on the horizon. The dairy co-op's announced a 13 percent rise in annual operating profit and a record-high final milk payout of $10.16 per kg. Chief Executive Miles Hurrell says it's a great result for farmers. He says the price of wholesale butter globally has fallen 15 percent in the past two months. "At some point, that'll flow through to the supermarkets - I suspect that they'll set their own prices, but that should flow through and give it an element of relief." LISTEN ABOVESee omnystudio.com/listener for privacy information.
On the Heather du Plessis-Allan Drive Full Show Podcast for Thursday, 25 September 2025, Fonterra has delivered one of its best results ever. Chief Executive Miles Hurrell speaks to Ryan Bridge about the outlook for the next year. Half of us are buying less fruit and veggies because of the cost, but chef Mike van de Elzen says it doesn't have to be so! Teachers say they're seeing an alarming rise of students with extreme ideologies, including misogynistic views promoted by Andrew Tate. What should be our approach to deal with "Trump boys" who promote "trad wives"? It took less than two hours for the first application for oil and gas exploration to be lodged. John Carnegie from Energy Resources Aotearoa says it's a very promising start. Plus, the Huddle debates kids' political views and whether Ryanair is right to ban paper boarding passes. Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVESee omnystudio.com/listener for privacy information.
New Zealand's economy has been shrinking, but our largest company has seen profits surge. Fonterra's announced a 13 percent rise in annual operating profit. Its cash return to shareholders is up 30.6 percent, and its final farmgate milk payout to farmers has reached a new record high of $10.16 per kg of milk solids. The Country's Jamie Mackay explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.
The chief executive of Fonterra comments on the annual results, and all the numbers are good.See omnystudio.com/listener for privacy information.
New Zealand's economy has been shrinking, but our largest company has seen profits surge. Fonterra's announced a 13 percent rise in annual operating profit. Its cash return to shareholders is up 30.6 percent, and its final farmgate milk payout to farmers has reached a new record high of $10.16 per kg of milk solids. The Country's Jamie Mackay explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.
Fonterra's CEO says cheaper butter prices could be on the horizon. The dairy co-op's announced a 13 percent rise in annual operating profit and a record-high final milk payout of $10.16 per kg. Chief Executive Miles Hurrell says it's a great result for farmers. He says the price of wholesale butter globally has fallen 15 percent in the past two months. "At some point, that'll flow through to the supermarkets - I suspect that they'll set their own prices, but that should flow through and give it an element of relief." LISTEN ABOVESee omnystudio.com/listener for privacy information.
GUEST HOST: Martyn 'Bomber' BradburyJohn Minto LIVE at 9pm to talk about the upcoming decision by this government to either recognize, or not, Gaza and poor old Winston Peters missing out on a dinner with Trump. A record-breaking return for Fonterra and their farmers with a very excited government, with Nicola Willis reminding us that "we feed the world" but the Greens are also asking the question at what cost?An inquiry will look into National's MP for Whanganui Carl Bates' failure to declare 25 properties linked to him and his family. Many of the properties are rentals, but Bates has said he is merely a beneficiary and he was complying with the rules.=================================Come support the work we're doing by becoming a Patron of #BHN www.patreon.com/BigHairyNews=================================Merch available at www.BHNShop.nz Like us on Facebookwww.facebook.com/BigHairyNews Follow us on Twitter.@patbrittenden @Chewie_NZFollow us on BlueskyPat @patbrittenden.bsky.socialChewie @chewienz.bsky.socialEmily @iamprettyawesome.bsky.socialMagenta @xkaosmagex.bsky.social
Dairy farmers remain mindful of the chance of more tough times ahead. Fonterra's confirmed a final farmgate milk price of $10.16 for the past season, with earnings of 71 cents per share. But its midpoint forecast for this season remains at $10. Federated Farmers Dairy Board Chair Karl Dean told Francesca Rudkin farmers will be paying off debt and investing back into their farms after battling several years of high on-farm costs. He says they all understand costs may rise again, and incomes may drop. LISTEN ABOVE See omnystudio.com/listener for privacy information.
On the Early Edition with Francesca Rudkin Full Show Podcast Friday 26th of September 2025, Fonterra's delivered one of its best results ever, Federated Farmers Dairy Chair Karl Dean shares his thoughts. It's the great show down between the All blacks and the Wallabies this saturday night in Auckland, Newstalk ZB rugby commentator and editor Elliott Smith tells Francesca what's at stake for the All Blacks. Our agriculture industry claims the education system is letting it down, NZ Forest Owners Association CEO, Dr Elizabeth Heeg shares her thoughts. Plus UK/Europe Correspondent Vincent McAviney has the latest on former French President Nicolas Sarkozy, sentenced to five years in jail and drones shutting down a Denmark airport for the second time this week. Get the Early Edition Full Show Podcast every weekday on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVE See omnystudio.com/listener for privacy information.
Dairy co-operative Fonterra has reported a slight drop in full year net profit, but still made just over $1 billion.
Kia ora,Welcome to Thursday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news we are less than a week away from another potential US federal government funding shutdown.But first up today, we can report American August data for new home sales has surprised everyone and jumped a very sharp +20% from July to an annualised rate of 800,000. Few saw this coming. Analysts say sharp discounting and widespread promotional offers are behind the twist because the unsold inventories were mounting. But the gains were widespread especially in the Northeast (+72%). Or it could just be rogue data.And that is because we had not seen any recent trend in rising mortgage application levels to support such a big August jump. In fact last week's application levels were dominated by refinance activity, not new home purchase applications. The discrepancy between the two data releases is a curiosity.There was another well-supported US Treasury bond auction earlier today, this one for their 5-year Note. The median yield came in at 3.65%, little-changed from the 3.67% at the prior equivalent event.Taiwanese industrial production rose in August by +14.4% from a year ago, slowing from an upwardly revised +18.7% gain in the previous month. Taiwan seems to deliver a never-ending stream of double-digit economic advances. It has to be the world's most impressive economy at present.Hong Kong has now shifted to clean-up mode now that Super-Typhoon Ragasa has moved on. There is a lot to restore. It has made landfall in southern China now, where 2 mln people have been evacuated. Ragasa is 2025's largest storm globally and is the largest since the all-time records set by Super Typhoon Haiyan in 2013, the most powerful tropical cyclones ever recorded. (Hurricanes, typhoons and cyclones are all the same, just named differently based on where they develop from.)Moving on, yesterday's release of the August monthly CPI indicator series in Australia shows that inflations pressures are still alive - and rising. They came in at 3.0%, the most in more than a year. But they have a 1-3% target range so it is technically within that range. The trajectory will worry the RBA all the same. And financial markets have pushed back their expectations of when the RBA will cut rates next.In Indonesia, the combination of an accident at a major copper mine that has closed it completely, and in Peru, a closure over a tough political dispute, has seen copper prices jump overnight.In Russia, that are raising their GST to 22% to pay for their war on Ukraine.In the US, attention is twisting back to lending, liquidity and credit-rating standards as two major financials collapse in a reprise of the GFC sub-prime mistakes. Both Tricolor (a Texas car loan lender) and First Brands (a car parts maker) recently had good credit ratings confirmed.And tariffs, rising joblessness, and weird public policy make the globally important US economy unusually vulnerable at present. So we should note that a US Federal Government shutdown seems on the cards as Trump seems not to care. One of these types of events could trigger something to seriously unnerve financial markets - the US not paying its bills could be it (and is unlikely to be seen as "just another Trump bankruptcy".)The UST 10yr yield is now at 4.15%, up +3 bps from yesterday at this time. The price of gold will start today at US$3733/oz, down -US$48 from yesterday. Silver was lower too and now under US$44/oz.American oil prices are up +US$1.50 at just under US$65/bbl, with the international Brent price now just over US$69/bbl.The Kiwi dollar is at just on 58.1 USc and down -50 bps from yesterday and that is its lowest level since mid-April. Against the Aussie we are also down -50 bps at 88.3 AUc and near a three-year low. Against the euro we are down -30 bps at 49.5 euro cents. That all means our TWI-5 starts today at just over 65.5, and down another -30 bps.The bitcoin price starts today at US$113.858 and up +1.7% from this time yesterday. Volatility over the past 24 hours has again been modest at just over +/- 1.1%.Today, all eyes will be on the big Fonterra announcements, which are expected to be very positive. Join us for our coverage that will start with their NZX market releases soon.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.
Kia ora,Welcome to Wednesday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news the latest data shows American business activity slowing further.But first up this morning we should note that the overnight dairy Pulse event brought little-change to either the ASMP or WMP prices. This is as expected for SMP but 'better' than expected for WMP. In NZD however there was a rise because the Kiwi dollar fell. All eyes are now on tomorrows Fonterra annual report.There were also no surprises in the S&P Global/Markit PMIs for the US for September. Both their flash factory and services PMI reading eased slightly, but are not contracting. Growth may be slowing, but selling price inflation is cooling too. The report noted weak new order growth and tariff-taxes were widely cited as the main cause of sharply higher costs, but the weaker demand and stiff competition reportedly limited the scope to raise selling prices,And that is confirmed in the Richmond Fed factory survey which turned down sharply in September. New order levels were weak, cost pressures strong. Services in the same mid-Atlantic area were not very positive either.There was another very large US Treasury 2yr Note auction today, one that saw another pull-back in overall support although the coverage remains strong. The median yield dipped to 3.52% from 3.60% at the prior equivalent event a month ago.In China, Nikkei has found that retail consumer loans are going bad faster, the latest headache for Chinese lenders already plagued by the country's real estate problems. And it comes just when the government aims to stimulate consumption through increased consumer debt backed up by more public borrowings. Nikkei Asia combed through the latest interim disclosures by mainland banks listed in Shanghai, Shenzhen and Hong Kong and found that nonperforming personal loans rose at a faster pace than those in the real estate sector during the first half of the year.Overnight, Taiwan reported yet another outstandingly good export orders data, again exceeding the expected very good expansion.Super Typhoon Ragasa is expected to hit Hong Kong today, and they are still expecting up to a 5m storm surge (above chart datum). But the eye of the storm is passing slightly south, so it will affect large parts of southern China.India's PMI's were again very expansionary in September for both their services and factory sectors. No signs of cooling in this market.In Europe, their PMIs continue with a modest expansion, even if it is their best in 16 months. But new order levels are only holding, not growing. And the factory sector is now not expanding.And the Swedes delivered a surprise cut to their policy rate, down -25 bps to 1.75%. They cited geopolitical tensions and uncertain US trade policy as the reasons for the move now even though they are experiencing good current growth with inflation up at 3.2% when 2% is their target.In Australia, their PMI's reveal a pullback in September but both sectors are still expanding.Globally, the OECD reported that the global economy was more resilient than anticipated in the first half of 2025, but downside risks loom large as higher barriers to trade and geopolitical and policy uncertainty continue to weigh on activity in many economies. New Zealand doesn't feature in this report, but is sees Australian growth rising, Chinese growth holding at a reasonably good level, and US growth halving to a weak level by 2026.The UST 10yr yield is now at 4.12%, down -2 bps from yesterday at this time.The price of gold will start today at US$3781/oz, up another +US$45 from yesterday and a new ATH. Silver was little-changed but still up over US$44/oz.American oil prices are up +US$1 at just under US$63.50/bbl, with the international Brent price now just on US$67.50/bbl.The Kiwi dollar is at just under 58.6 USc and down -10 bps from yesterday. Against the Aussie we are also down -10 bps at 88.8 AUc. Against the euro we are down -20 bps at 49.8 euro cents. That all means our TWI-5 starts today at just over 65.7, down -20 bps.The bitcoin price starts today at US$111,974 and down -0.4% from this time yesterday. Volatility over the past 24 hours has been modest at just over +/- 1.0%.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.
Derek Champagne talks with former British Military Officer, Jimmy Burroughes. Jimmy's story is one of resilience, reinvention, and purpose. He began his career as a British Military Officer, leading soldiers across Europe and the Middle East. It was there he learned, sometimes in life-or-death situations, the true meaning of intentional leadership: how to inspire trust, keep people motivated under extreme pressure, and build unity in uncertain environments.When Jimmy transitioned out of the military, he faced his own challenges, struggling to find his place in the corporate world and experiencing first-hand the burnout and disconnection that so many leaders face. This difficult period became the catalyst for his mission to redefine leadership in a way that sustains both people and performance.Through his journey from the battlefield to the boardroom, Jimmy developed his “Simplify to Amplify” methodology, a framework born out of necessity that is now transforming how global organisations lead their people. His story resonates deeply because it is not just about success; it is about overcoming adversity, finding clarity, and choosing a path that creates lasting impact.Jimmy shares this journey with honesty and humility, weaving in the hard lessons from both military service and corporate leadership. Audiences often walk away not only inspired but equipped with the belief that they too can lead with more intention, reclaim time, and create meaningful results without burning out.Jimmy made the leap from British military officer to Fortune 500 leadership expert and now leads the charge in transforming overwhelmed managers into high-performing leaders. His bestselling books, “Beat Burnout - Ignite Performance” and “Escape the Multitasking Trap,” deliver action you can feel. His signature “Simplify to Amplify” methodology gets leaders performing at an average of 47% higher in just 90 days—no fluff, just results.Across Samsung, Bank of America, Lego, Fonterra, and 40+ countries, Jimmy has guided more than 3,000 leaders from burnout to breakthrough. The secret? He applies hard-won lessons from command and operations to cut through clutter and create measurable improvements. These same principles have driven up productivity by 156% and slashed overwhelm by 89% in teams worldwide.Learn more at: https://www.jimmyburroughes.com/Business Leadership Series Intro and Outro music provided by Just Off Turner: https://music.apple.com/za/album/the-long-walk-back/268386576
Kia ora,Welcome to Monday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news we are likely to get a lesson this week reconfirming that equity markets all look for short-term profit hits and are now setting prices on these short-term factors. But bond markets are much more focused on risks 10-30 years ahead and their signals are diverging markedly.This coming week however will largely feature reactions to last week's big events - the US Fed positioning and rate cut, and the awful NZ Q2-2025 GDP data.Here we will be watching for more fallout from that, after the NZD got marked down sharply. Will markets assess that the June result will be repeated in Q3? After all we are now only nine days from the end of Q3 and the appearance of 'better data' has been sparse and perhaps only in the last week or so. And on Thursday we will get an update of household net worth, but it will be year-old data. Much more current will be Thursday's results announcement from Fonterra.In Australia, they will also release household net worth data, on Friday, but for March this year. They will get PMI updates as well.Globally, the focus will briefly turn to New York for what is expected to be a turbulent moment for the UN with the US already barring some leaders from attending. New York time as the home of the General Assembly may be coming to an end.But economically, there will be many PMI updates out this week. The US will release its PCE data and another Q2-GDP update. And Fed speakers will all be out giving context to last week's rate cut decision. Switzerland and Sweden will be among those reviewing their policy interest rates. And later today, China will review its Loan Prime rates, although no change is expected.China released its August year-to-date foreign direct investment data over the weekend. They said they only attracted ¥507 bln in net foreign investment in those eight months. They said they attracted ¥467 bln in the seven months to July. So that means they gained a net +¥39 bln in August alone and that is a very low +US$5.5 bln and that is only one third of the August 2024 gain. Basically foreign direct investment into China from all sources is close to dead in the water.This doesn't mean that China's economic expansion won't be good in 2025 (over +5%). But it does point out how the two big powers are isolating themselves, with cross-border investment and economic connections all retreating.A recent example is that China's new iron ore buying monopoly has moved to shut out a key Australian blend from BHP. They have other options and are using their heft to try and bring BHP and Australia into line.Separately, Japan's inflation eased to 2.7% in August from 3.1% in July, the level since October 2024. There was a notable slowing in the rise in rice prices, enabling food price inflation to ease to 'only' 7.2% in August from a year ago. Overall prices were up +0.8% in the month with food prices up just +0.3% for the month.Japan's central bank announced the results of its policy rate review late on Friday and as expected left it unchanged at 0.5% at Friday's. This came amid the political uncertainty around the resignation of Prime Minister Ishiba. They also said that it will sell its holdings of exchange-traded funds and Japan real estate investment trusts (J-REITs) to the market. Here is their decision.Germany said its producer prices fell an outsized -2.2% in August from a year ago, a deflation sign they will not welcome and extends their deflationary pressure that started in July 2023. But most of that is coming from the lower cost of imported energy with local producer prices basically unchanged.Canada said its August retail sales rose +1%, more than offsetting its July dip. But it isn't clear how much of that is inflation related. But financial markets reacted positively, seeing consumer 'resilience' in the data. (One more -25 bps rate cut is expected in Canada before the end of the year.)The UST 10yr yield is now at 4.14%, up +1 bp from Saturday to be up +7 bps from a week ago. The price of gold will start today at US$3684/oz, up +US$3 from Saturday. That is up +US$36 from a week ago. Silver had another spurt over the weekend, now up over US$43/oz, a weekly gain of +US$1.American oil prices are little-changed at just over US$62.50/bbl and back to where they were a week ago, with the international Brent price still just over US$66.50/bbl.The Kiwi dollar is at just under 58.6 USc and unchanged from Saturday although down a full -1c from a week ago. Against the Aussie we are just under 88.9 AUc. Against the euro we are still at 49.9 euro cents. That all means our TWI-5 starts today at just over 65.8, unchanged from Saturday but down -100 bps for the week.The bitcoin price starts today at US$115,509 and very little-changed from this time Saturday. Volatility over the past 24 hours has been very low at just under +/- 0.3%.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.
Fonterra’s CFO reviews last night’s better-than-expected GDT Auction (down 0.8%, WMP - 0.8%, SMP - 0.3%, Butter -0.8%, Cheese +2.2%).See omnystudio.com/listener for privacy information.
Food prices are continuing to rise, with a 5% increase in the year to August. Dairy continues to be the main driver, with the price of milk rising 16%, cheese 26%, and butter 32%. Meat, poultry, and fish followed behind, up 8.1% annually. Fonterra Co-operative Council Chair John Stevenson told Mike Hosking what they see is a pretty clear correlation between current prices and global markets. He says it's a good time to be a farmer now but it may not always be the case, and you only have to go back to the 23/24 season in which the headline milk price was below the cost of production to see that. LISTEN ABOVE See omnystudio.com/listener for privacy information.
On today's REX Daily Podcast, Dom talks with Mid-Canterbury farmer David Clark about his problems renewing his Farming Land Use Consent with Environment Canterbury, despite an A Grade Environmental Audit mark, what his options are and why it should be a concern for farming families across the country... He talks with Craig Smith, Findex Wealth Management Partner, about the likely cash windfall for Fonterra shareholders following the sale of its global consumer business to Lactalis, why many farmers are rethinking their priorities in terms of how to spend this tax-free capital return and what it could mean for rural communities and the future dairy in NZ... And he talks with Julian Ashby, Beef+Lamb NZ GM of Insights and Strategic Planning, about the positive New Season Outlook for sheep and beef farmers, a return to profitability and the cost of afforestation. Tune in daily for the latest and greatest REX rural content on your favourite streaming platform, visit rexonline.co.nz and follow us on Instagram, Facebook and LinkedIn for more.
Dom talks with Craig Smith, Findex Wealth Management Partner, about the likely cash windfall for Fonterra shareholders following the sale of its global consumer business to Lactalis, why many farmers are rethinking their priorities in terms of how to spend this tax-free capital return and what it could mean for rural communities and the future dairy in NZ. Tune in daily for the latest and greatest REX rural content on your favourite streaming platform, visit rexonline.co.nz and follow us on Instagram, Facebook and LinkedIn for more.
In this episode:News Wrap | Bullish outlook for the red meat sector2:19 – Senior reporter Neal Wallace has been following trends in the red meat sector both at the farmgate and market level. He looks at Beef + Lamb forecasts for the upcoming season and finds a very bullish outlook for the red meat sector. He also unpacks prospects for a new exporting season, and what it means for farm incomes.Market Insight | Livestock EYE on high spring store cattle prices8:15 – Winter's cold grip may remain across much of the country in early September, but spring store cattle prices are running hot. AgriHQ analyst Fiona Quarrie provides a run down on some of the notable prices being fetched through North Island saleyards. With prices passing the $5.50/kg mark, Fiona muses on the possibility sales with a “$6” could become a reality this spring.Feature | Fonterra's bold move: the economics of value add14:11 – Dr Hamish Gow, professor of agribusiness at Lincoln University, talks to Richard about Fonterra's multi-billion dollar exit from its brands business, and what that means for “value add” and returns to shareholders. He pulls apart what true “value add” really is, and how it does not always mean a product must have a brand name on it to achieve it.Feds Focus | Tackling New Zealand's pest problem25:24 – Richard Dawkins, Federated Farmers national chair for meat and wool, outlines why there is a need for an integrated pest management strategy in New Zealand.He says NZ's growing pest burden has an increasingly high cost of control being imposed upon farmers and talks about how Feds would like to see greater co-ordination across all government departments and NGOs to better manage pest numbers and impact.
Dr Hamish Gow, professor of agribusiness at Lincoln University, talks to Richard about Fonterra's multi-billion dollar exit from its brands business, and what that means for “value add” and returns to shareholders. He pulls apart what true “value add” really is, and how it does not always mean a product must have a brand name on it to achieve it.
This large-scale dairy farmer and a founding director of Fonterra wants to upscale dairy production by 50% within the next decade. And he’s mentoring some young industry leaders who he says will lead the charge.See omnystudio.com/listener for privacy information.
Fonterra’s President Global Ingredients reviews last night’s disappointing GDT Auction (- 4.3%, whole milk powder down 5.3%, skim milk powder down 5.8%).See omnystudio.com/listener for privacy information.
The co-founder of Groundswell applauds Seymour's decision. But what about Fonterra's? See omnystudio.com/listener for privacy information.
One of our leading primary sector academics says, "It's the margin, Stupid". We discuss profitability, supermarket competition and whether Fonterra should be selling its consumer brands business.See omnystudio.com/listener for privacy information.
Today's brother and sister farming panel discuss calving and whether Fonterra should be selling its consumer brands. See omnystudio.com/listener for privacy information.
The Prime Minister ponders the positive effects Fonterra’s $3.2 billion capital return sugar hit could have for the rural economy. Plus, whether he overstepped the mark by chewing the ear of the Reserve Bank? We also ask what an acceptable economic growth rate is, and whether Todd McClay wasted his time talking tariffs in Washington. See omnystudio.com/listener for privacy information.
Brandt’s director of sales, New Zealand – agriculture, on how Fonterra’s $3.2 billion capital return will affect the rural supply industry.See omnystudio.com/listener for privacy information.
On the Heather du Plessis-Allan Drive Full Show Podcast for Tuesday, 26 August 2025, we're one step closer to a referendum on four year terms. But do we have the right safeguards in place to protect us from rogue Governments and bad decisions? Australia's Channel Nine Chief Political Editor Charles Croucher has the latest on news that Iran has been accused of orchestrating antisemitic attacks in Australia. Fonterra's consumer arm, Pic's Peanut Butter, now Eventfinda - foreign investors are lapping up Kiwi businesses. What's making us so attractive to overseas buyers? Lincoln University's Chad Hewitt explains why they're making a whole class defend their assignments because many of them are suspected of cheating with the use of AI. Plus, the Huddle debates four year terms and whether Universities need to change their approach on AI in exams. Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVESee omnystudio.com/listener for privacy information.
The Chairman of Fonterra on the Lactalis deal.See omnystudio.com/listener for privacy information.
Guzman y Gomez’s shares have tumbled 18% after its sales growth falls short of its big expectations. Fonterra sells off its Mainland cheese and butter brands to the French dairy giant Lactalis in a $3.8 billion NZD deal. Inghams shares have taken a roasting as its profits slumped due to a breakdown in its relationship with Woolworths. _ Learn more about iShares by BlackRock here Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance —- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.__ Issued by BlackRock Investment Management (Australia) Limited ABN 13 006 165 975, AFSL 230 523. Refer to FSG available on our website. Before making any investment decisions, you should assess whether the product or service is appropriate for you and read the PDS and TMD available at blackrock.com.au.See omnystudio.com/listener for privacy information.
In today's episode, house prices remain stuck despite lower interest rates giving first-home buyers a win, while leaving property owners gnashing their teeth; Thousands of people are opting to pay for their own colonoscopies as wait times blow out on the public system; A small business owner in Wellington says she's facing losing a fifth of her income, after New Zealand Post suddenly suspended shipping to the United States; Farmers look to be backing Fonterra's multi-billion dollar move to offload its well-known retail names; We cross the Tasman to get the latest from Kerry-Anne Walsh.
Farmers look to be backing Fonterra's multi-billion dollar move to offload its well-known retail names. Foundation member of Fonterra Greg Gent spoke to Corin Dann.
Yesterday Fonterra announced plans to sell its consumer businesses to global dairy giant Lactalis. The sale price? $3.845 billion.
The sale of Fonterra's consumer business to global dairy giant Lactalis could put hundreds of thousands of dollars into kiwi farmers' accounts. But it's unlikely to affect consumers' hip pockets. The $3.8 billion sale includes major brands such as Mainland and Anchor - and also processing operations in Australia and Sri Lanka. Alexa Cook reports.
Fonterra has agreed to sell its consumer businesses to French multinational dairy company Lactalis - the world's largest dairy outfit. The proposed $3.8 billion sale still requires approval from Fonterra shareholders and if it goes ahead, would include Mainland, Anchor, Kapiti ice cream and milk powder brand Anlene. Forsyth Barr Senior Analyst Matt Montgomerie discusses with Emile Donovan.
Tonight, on The Panel, Wallace Chapman is joined by panellists Boopsie Maran and Alan McElory. First up, "good things take time" ... much like the lead up to Fonterra's descision to sell its consumer businesses to global dairy giant Lactalis for $3.8 billion. The Panel talks to Fonterra Co-operative Council chair John Stevenson . Also: Electricians are feeling the pinch, with trainee sparkies struggling to get work, the Panel talk to Peter Couchman the General Manager of Wellington's Seven Electrical.
On the Heather du Plessis-Allan Drive Full Show Podcast for Friday, 22 August 2025, Fonterra's agreed to one of the biggest ever deals in NZ business history. Chief Executive Miles Hurrell tells Heather why he's selling Anchor, Mainland and co for almost $4 billion. Police Minister Mark Mitchell explains how a big tech upgrade will allow first responders to find your location if they have concerns for your NZ Rugby chair David Kirk explains where you'll be able to watch the rugby next year after signing a new five year deal. Plus, the Sports Huddle debates whether the player exodus from the ANZ Championship will hurt NZ's netball futures. Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts.See omnystudio.com/listener for privacy information.
Fonterra is confident farmers will vote to sell major brands like Anchor and Mainland. It's reached a deal to sell its consumer and associated businesses to French dairy giant Lactalis for $3.845billion. The deal still needs the approval of shareholders. Fonterra Chief Executive Miles Hurrell told Heather du Plessis-Allan that the offer is above expectation, and there will be a $2 capital return per share. He says, while the public have a strong emotional connection with the brands - the feedback has been positive. LISTEN ABOVESee omnystudio.com/listener for privacy information.
The Premier flags the potential for more drought relief for South Australian farmers, dairy giant Fonterra to sell its brands to French company Lactalis for nearly $3.5billion, and conservationists concerned about the decision to halt environmental water flows in NSW.
Fonterra’s chief executive discusses the co-op’s agreement to sell its consumer and associated businesses to French food group Lactalis for $3.845 billion.See omnystudio.com/listener for privacy information.
Fonterra has increased its farmgate milk price forecast for the 2024/25 season to $10.15 per kg of milksolids from $10.00/kg, and has narrowed its forecast range for the current season. The forecast range for 2024/25 has narrowed from $9.70-$10.30 per kilo of milk solids (kgMS) to $10.10-$10.20/kgMS, with the final price to be released alongside the co-op's final result, due in September. The Country's Jamie Mackay explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.
Fonterra’s MD of Co-op Affairs comments on the increased 2024/25 season forecast Farmgate Milk Price - from $10.00 per kgMS to $10.15 per kgMS, with the range narrowing from $9.70 - $10.30 per kgMS to $10.10 - $10.20 per kgMS. Fonterra has also retained the $10.00 per kgMS forecast for the current 2025/26 season and narrowed the range from $8.00 - $11.00 per kgMS to $9.00 - $11.00 per kgMS.See omnystudio.com/listener for privacy information.
Fonterra’s CFO reviews another (relatively) good GDT Auction over night (down 0.3%, WMP + 0.3%) with good interest from China, SE Asia and the Middle East.See omnystudio.com/listener for privacy information.