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In this episode of The Strong Source, we welcome Richard Allen, President of Fonterra Global Ingredients — the world's largest dairy exporter — for an open conversation about the future of dairy, volatility in commodity markets, and the complexity of global supply chains.From his 18-year journey across continents with Fonterra to the bold decision to divest the company's consumer division, Richard shares powerful insights on the evolution of the dairy industry, risk management, and what it takes to lead in uncertain times.
Lee Stewart has written the book on sustainable business...No, actually, he really has! He's written the e handbook ‘How to build sustainability into your business strategy' for managers across Australasia. A Kiwi with experience in the UK, Australia and the Pacific, Lee has worked for Fujitsu and Fonterra and now heads ESG Strategies, a consulting company to corporations, and he joins me from a glorious sunny Sydney.
Fonterra's new Managing Director of Co-operative Affairs reviews another outstanding GDT Auction overnight (up 4.6%, WMP + 6.2%) as the 24/25 season draws to a close.See omnystudio.com/listener for privacy information.
Dom talks with Stu Davison from HighGroundDairy about the latest Global Diary Trade Event (+4.6%), the race between Lactalis and Bega Cheese for Fonterra's consumer assets and the recent American Dairy Products Institute Conference in Chicago. 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.
On today's REX Daily Podcast, Dom talks with Mīti founder Daniel Carson about the removal of the specialised equipment used to make the product, following Off-Piste Provisions pausing manufacturing at the New Zealand Food Innovation Network, what it means for the company and why he thinks it's a blight on the entire NZ meat industry, as there's now not a single facility in New Zealand where to co-pack or contract manufacture a high-value meat product... He talks with Stu Davison from HighGround Dairy about the latest Global Diary Trade Event (+4.6%), the race between Lactalis and Bega Cheese for Fonterra's consumer assets and the recent American Dairy Products Institute Conference in Chicago... And he talks with Agritourism NZ founder Marijke Dunselman about two upcoming free webinars about how to diversify your fam into agritourism (May 8th & 13th), World Agritourism Day and the Agritourism Academy. 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.
THE BEST BITS IN A SILLIER PACKAGE (from Tuesday's Mike Hosking Breakfast) But Why?/The Great Selloff/More Damned Lies/Massive eMail Scandal/Real eMail ScandalSee omnystudio.com/listener for privacy information.
On today's REX Daily Podcast, Dom talks with Fish & Game NZ Deputy CEO Richie Cosgrove about the opening weekend of the duck hunting season, taking Hunting & Fishing Minister James Meager into the mai mai and the success of the Fish & Game Cookbook... He talks with newly crowned Fonterra Dairy Woman of the Year Jo Sheridan about winning the award, her work at Owl Farm in Cambridge and her plans for the future... He talks with the Dairy Women's Network Regional Leader of the Year Aimee Wilson about her involvement with DWN and how she juggles that with farming and raiding a family... And he talks with Mark Chrystall, Rabobank Client Council Lower North Island Chair, about the function of the council, the recent community hub competition and the types of projects the council funds. 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 newly crowned Fonterra Dairy Woman of the Year Jo Sheridan about winning the award, her work at Owl Farm in Cambridge and her plans for the future. 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.
An Auckland cafe owner said a significant jump in the cost of butter could force her to raise her prices, in a market where food businesses seem to be going under every week. Dairy giant Fonterra has written to wholesale clients saying from this week the price of its butter blocks are going up about twelve percent. Its Anchor and Mainland spreads are going up by the same amount, as is bulk butter. Rebecca Dalli-essi owns Onehunga coffee shop and bakery Lot Nineteen, she spoke to Lisa Owen.
What's the future looking like for workers affected by Fonterra closing its packing factory in Hamilton?
Around 120 workers at Fonterra's Canpac site in Hamilton face losing their jobs, with some spending Wednesday at home to process the news. Dairy Workers Union national secretary Chris Flatt spoke to Alexa Cook.
Up to 120 jobs are on the line as Fonterra plans to shut its Hamilton packaging facility. The closures due to 'challenging economic conditions'. 'The Country' host Jamie Mackay talks to Heather du Plessis-Allan about the closure and the climate debate within the National Party. LISTEN ABOVE. See omnystudio.com/listener for privacy information.
Fonterra’s chief executive took a break from his Central Otago Rail Trail experience (and cheese roll tasting) to join Rowena Duncum in the Dunedin studio. He talks about the current “pretty good” dairy season, which has a month left, and what is happening globally for the sector.See omnystudio.com/listener for privacy information.
Make sense of the markets with Michelle Lopez, Head of Australasian Equities and Portfolio Manager at PIE Funds. Michelle talks about the ripple effects of tariffs and finding opportunities in a volatile market—identifying the emerging sectors and unexpected advantages. Michelle tells us which industries might be more impacted by US tariffs—and which could benefit. Hear why global trade disruptions could actually lead to deflation for Aussie consumers, and how to identify promising investments that have dropped due to anxious markets. Plus, learn how the decommissioning of Australian oil and gas wells is worth an estimated $60 billion, and gear up for potential IPOs on the ASX from Virgin and Fonterra. For more or to watch on YouTube—check out http://linktr.ee/sharedlunch Shared Lunch is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. It is not financial advice. Information provided is general only and current at the time it’s provided, and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the disclosure documents available from the product issuer before making a financial decision. Our disclosure documents and terms and conditions—including a Target Market Determination and IDPS Guide for Sharesies Australian customers—can be found on our relevant Australian or NZ website. Investing involves risk. You might lose the money you start with. If you require financial advice, you should consider speaking with a qualified financial advisor. Past performance is not a guarantee of future performance. Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own.See omnystudio.com/listener for privacy information.
Donald Trump's tariffs are having ripple effects here and everywhere. Infometrics is drastically reducing its GDP growth forecast from 2.6% to just 1%. Many economists now expect the Reserve Bank to go further with OCR cuts than previously forecast, in spite of a likely rise in inflation. Fonterra Chief Executive Miles Hurrell told Mike Hosking there will be some kind of global slowdown. He says it will start in the US, where consumers are already feeling the impact of the tariffs, but any slowdown in the world's largest economy will ultimately be felt everywhere. LISTEN ABOVE See omnystudio.com/listener for privacy information.
Fonterra’s CFO reviews last night’s Global Dairy Trade Auction – the first event post Trump’s tariff announcements. Prices were up 1.6% across the board, while whole milk powder increased by 2.8%.See omnystudio.com/listener for privacy information.
A Rhodes Scholar from Nimmitabel with a Master of Philosophy in Economics from Cambridge. He cut his teeth at McKinsey before helping establish Fonterra, the Kiwi dairy co-op whose creation is now studied at Harvard Business School as one of the greatest feats of agribusiness strategy in the modern era. That should qualify him for the role of Federal Treasurer right? Now, he’s pitching nuclear power as the affordable answer to Australia’s energy future and facing the task of trying to win back government against significant headwinds. We ask is he the man from the high country who can win back Teal seats and bring the “colt from Old Regret” back into the fold? Or will the Canberra machine chew him up and spit him out? We talk policy, power bills, and political branding and why Treasurer Jim Chalmers reckons he’d be “shit”. You can judge that for yourself. Like any good country boy, he didn’t arrive at The Advocate’s newsroom empty handed. Angus came bearing hats, a branded mug with his famous self-congratulatory tweet on it, some notepads, shopping bags and stickers. We appreciate that. Good Job, Angus.See omnystudio.com/listener for privacy information.
This episode of The Food Professor Podcast brings together global trade drama and local wine opportunity. In the opening news segment, Michael and Sylvain react to the latest trade bombshell from Donald Trump: sweeping new tariffs aimed at dozens of countries, with Canada & Mexico left off—for now. They dig into how this could reshape the Canadian food sector, focusing on dairy and the persistent challenges of supply management. Sylvain calls out the inefficiencies of Canada's quota system and urges a national strategy, comparing our lack of vision to New Zealand's Fonterra success. The conversation also covers the real reasons behind “Buy Canadian” sentiment—whether driven by tariffs or values—and highlights the implications of avian flu outbreaks on Canadian poultry supplies.In the second half, Michael and Sylvain welcome Michelle Wasylyshen, President and CEO of Ontario Craft Wineries. With a public affairs background spanning government, industry, and advocacy, Michelle brings a sharp perspective on the role of VQA (Vintners Quality Alliance) wines in the current climate. She explains how VQA signifies wines that are 100% Ontario-grown, produced, and bottled, and why that matters for consumers and the local economy.Michelle details how the removal of U.S. wines from LCBO shelves has created a rare and significant opening for Ontario wine producers. Early data already shows a 30% jump in VQA sales, with some members seeing growth as high as 70–80%. Her team is capitalizing with cheeky, targeted campaigns like “Screw the Tariffs, Pop the Cork,” and partnering with groups like Restaurants Canada and Canadian Manufacturers & Exporters to amplify the message.She also addresses a long-standing pain point: interprovincial trade. Michelle shares the absurd reality that it's currently easier to sell Ontario wine to Sweden or Denmark than to Quebec. She expresses cautious optimism that the current tariff climate might finally create the political will to tear down these barriers.On the topic of consumption trends, Michelle acknowledges the growing “sober-curious” movement but remains confident that Ontario wines, especially given their quality and local value, remain a compelling choice. She concludes with policy priorities including sustained shelf presence at the LCBO, education on VQA labels, and increasing restaurant availability of local wines.The episode wraps with lighter banter on the possible revival of Hooters and a shoutout to Quebec-based food brand Mid-Day Squares, capping off a wide-ranging conversation rooted in both disruption and opportunity. The Food Professor #podcast is presented by Caddle. About UsDr. Sylvain Charlebois is a Professor in food distribution and policy in the Faculties of Management and Agriculture at Dalhousie University in Halifax. He is also the Senior Director of the Agri-food Analytics Lab, also located at Dalhousie University. Before joining Dalhousie, he was affiliated with the University of Guelph's Arrell Food Institute, which he co-founded. Known as “The Food Professor”, his current research interest lies in the broad area of food distribution, security and safety. Google Scholar ranks him as one of the world's most cited scholars in food supply chain management, food value chains and traceability.He has authored five books on global food systems, his most recent one published in 2017 by Wiley-Blackwell entitled “Food Safety, Risk Intelligence and Benchmarking”. He has also published over 500 peer-reviewed journal articles in several academic publications. Furthermore, his research has been featured in several newspapers and media groups, including The Lancet, The Economist, the New York Times, the Boston Globe, the Wall Street Journal, Washington Post, BBC, NBC, ABC, Fox News, Foreign Affairs, the Globe & Mail, the National Post and the Toronto Star.Dr. Charlebois sits on a few company boards, and supports many organizations as a special advisor, including some publicly traded companies. Charlebois is also a member of the Scientific Council of the Business Scientific Institute, based in Luxemburg. Dr. Charlebois is a member of the Global Food Traceability Centre's Advisory Board based in Washington DC, and a member of the National Scientific Committee of the Canadian Food Inspection Agency (CFIA) in Ottawa. Michael LeBlanc is the president and founder of M.E. LeBlanc & Company Inc, a senior retail advisor, keynote speaker and now, media entrepreneur. He has been on the front lines of retail industry change for his entire career. Michael has delivered keynotes, hosted fire-side discussions and participated worldwide in thought leadership panels, most recently on the main stage in Toronto at Retail Council of Canada's Retail Marketing conference with leaders from Walmart & Google. He brings 25+ years of brand/retail/marketing & eCommerce leadership experience with Levi's, Black & Decker, Hudson's Bay, CanWest Media, Pandora Jewellery, The Shopping Channel and Retail Council of Canada to his advisory, speaking and media practice.Michael produces and hosts a network of leading retail trade podcasts, including the award-winning No.1 independent retail industry podcast in America, Remarkable Retail with his partner, Dallas-based best-selling author Steve Dennis; Canada's top retail industry podcast The Voice of Retail and Canada's top food industry and one of the top Canadian-produced management independent podcasts in the country, The Food Professor with Dr. Sylvain Charlebois from Dalhousie University in Halifax.Rethink Retail has recognized Michael as one of the top global retail experts for the fourth year in a row, Thinkers 360 has named him on of the Top 50 global thought leaders in retail, RTIH has named him a top 100 global though leader in retail technology and Coresight Research has named Michael a Retail AI Influencer. If you are a BBQ fan, you can tune into Michael's cooking show, Last Request BBQ, on YouTube, Instagram, X and yes, TikTok.Michael is available for keynote presentations helping retailers, brands and retail industry insiders explaining the current state and future of the retail industry in North America and around the world.
Fonterra’s chief innovation and brand officer comments on last night’s GDT Auction (+1.1%), payout prospects, and Trump’s tariffs.See omnystudio.com/listener for privacy information.
Fonterra's elaborating on the details of their consumer brand sell-off. The conundrum comes off the back of a monster half year result in which operating profit rose to 16%. The planned divestment could see brands like Anchor and Mainland sold off. CEO Miles Hurrell told Mike Hosking the key for any good business is knowing what you're good at. He says that over the years, the returns as an ingredients business have been stellar, but farmers aren't getting the desired return on capital from the consumer side of things. He says they believe they can get higher returns from investing that cash back into ingredients and food service. LISTEN ABOVE See omnystudio.com/listener for privacy information.
On the Mike Hosking Breakfast Full Show Podcast for Thursday 27th of March, the banks are continuing to call for capital rules to be eased. But Massey University banking expert Claire Matthews is warning against it. We get reactions to the new sentencing and drug driving testing laws coming into place. Fonterra's CEO Miles Hurrell defends the proposal to sell of the company's consumer brands, like Anchor. And the iconic Bob Geldof is the country for his stage show - so he joined Mike in studio for a chat. Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVE See omnystudio.com/listener for privacy information.
THE BEST BITS IN A SILLIER PACKAGE (from Thursday's Mike Hosking Breakfast) What if Liam Was an All Black?/Why Would You Get Out of Ice Cream?/They're Not War Plans. They're UpdatesSee omnystudio.com/listener for privacy information.
Open Country Dairy's chief executive comments on keeping up with the Joneses - or in his case, Fonterra - when it comes to milk price. And why is OCD not following Fonterra in offering a premium for low-carbon milk?See omnystudio.com/listener for privacy information.
Fonterra has delivered a strong interim result for the 2025 fiscal year. It's reported a half year Profit after Tax of $729 million, with earnings of 44 cents per share. It's alongside a Farmgate Milk Price midpoint of $10 per kilograms of milk solids for the season ending 2025. CEO Miles Hurrell says it's pleasing to be able to deliver these results for farmer shareholders and unit holders. Dairy Insights Consultant Stu Davison told Mike Hosking the entire industry is fizzing. He says it's a pretty uncommon result to see a strong milk price and a strong dividend in the same season, and they're going to ride the wave while they've got it. LISTEN ABOVE See omnystudio.com/listener for privacy information.
Fonterra's chief executive says he's "bloody proud" of the co-op's excellent half-year result with an increased net profit and interim dividend. See omnystudio.com/listener for privacy information.
It's good news for diary giant Fonterra, whose first half net profit is up 8 percent to $729 million, with a revenue growth of 14 percent. A dividend of 22 cents a share will be paid, and the forecast farmgate milkprice is sitting at a midpoint of $10 a kilo. What is the message to farmers? Fonterra Chief Executive Miles Hurrell talks to Tim Beveridge about the result. LISTEN ABOVE. See omnystudio.com/listener for privacy information.
On top of a forecast $10 milk price (Milk Price range narrows: NZ $9.70 - $10.30 per kgMS), Fonterra Ltd has increased its FY25 full year earnings guidance from 40-60 cents per share to 55-75 cents per share. Fonterra released its FY25 interim results today. The Co-op's dividend policy is 60-80% of full year earnings, with up to 50% of the full year dividend to be paid at interims. That's a possible range of 33 to 60 cents. The Country host Jamie McKay talks to Tim Beveridge about Fonterra's results. LISTEN ABOVE. See omnystudio.com/listener for privacy information.
Dairy farmers are being urged to pay down debt while they're in a good position to do so. Fonterra's already forecasting a midpoint of $10 this season. Industry organisation Dairy NZ expects the situation to continue, forecasting a payout above $10 next season. DairyNZ Head of Economics Mark Storey told Mike Hosking it's a good chance to clear debt while payouts are rising, and interest rates are falling. He says farmers have been making repayments in the last few seasons, and they should continue to do so. LISTEN ABOVE See omnystudio.com/listener for privacy information.
This week on TaPod we catch up with one of our favourite Kiwis, Keith Muirhead – Director of Talent Acquisition at Fonterra. We talk about how one of the biggest companies in NZ (responsible for 5% of the national GDP) transitioned from RPO to inhouse, covering all of the BIG transformation challenges, from tech to people and process. It's a great blueprint for change; we learn how to 'make dairy sexy' and we loved our discussion – you will too. Thanks to Avature for your continued support this month.
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. New Zealand: 7/10 Between the investment conference, the India trip about to unfold, and the huge boost in visa interest from wealthy foreigners, that's not a bad week's work for a small country trying to get its mojo back. Tariffs: 2/10 The idiocy driving the ideology has been on full display. Random numbers, multiple threats, increased costs - all it has done this week is tank markets, decrease value, freak people out, provide uncertainty, and generally reinforce the idea that the U.S President is random as, if not dangerous. Whanganui: 7/10 That council with the payment for meetings and dumping the food scraps is rolling. It's not often a council does two good things in a week. Liam Lawson: 8/10 It's early days and the pressure is real, but F1 is as big as sport gets anywhere and he is at the pointy end of it. Fonterra: 9/10 Yet another payment upgrade. Those guys can't stop giving away money. We like that too. Malcolm Turnbull: 7/10 Sort of my hero of the week. If you give into bullies, you get more bullying. In politics, and life, it's sage advice. LISTEN ABOVE FOR MIKE HOSKING'S FULL WEEK IN REVIEW See omnystudio.com/listener for privacy information.
One of the sharpest minds in agriculture wants Fonterra to offer Kiwis a bite of dairy cherry with an IPO floating of its consumer brands business. See omnystudio.com/listener for privacy information.
Spark has lost $1 billion in market value, a result that was greeted with shock by investors. Sky TV also reflected a tough economy, while Fonterra jumped after lifting earnings forecasts. Crossing the Tasman, an American real estate giant has launched a A$2.6B bid for Australian real estate portal domain. Greg Smith of Devon Funds Management talks to Mike Hosking about the outcomes. LISTEN ABOVE. See omnystudio.com/listener for privacy information.
THE BEST BITS IN A SILLIER PACKAGE (from Monday's Mike Hosking Breakfast) So Move On/Stop Selling Off the Best Bits/The Importance of Non-Contact Time/Busting the Hospo Myth/Grok Knows What's WhatSee omnystudio.com/listener for privacy information.
The "Dangen Zone" panel discusses the dry conditions in the upper North Island, Fonterra's low emissions payment incentives, and the latest farmer confidence survey.See omnystudio.com/listener for privacy information.
Fonterra appears to be advancing its plans to sell off Anchor, Mainland and its other consumer brands. The co-op hasn't decided whether or not to sell the brands to another business in a trade sale - or whether to list the in an IPO. NZ Shareholders Association CEO Oliver Mander weighs in on what Fonterra's next move could be. LISTEN ABOVESee omnystudio.com/listener for privacy information.
Fonterra's Chief Financial Officer comments on the co-op's low emissions payment incentives announced yesterday and last night's GDT auction.See omnystudio.com/listener for privacy information.
Fonterra dairy farmers will be able to earn cash for their climate efforts - beginning from June. The dairy giant has announced it will pay an extra 1-5 cents a kilogram of milk solids to farms that meet climate criteria, and more for some farms. The criteria takes into account emissions from cow feed, fertiliser, animals and drained peat soils - minus any carbon removed by trees and vegetation. Chair of Fonterra's Co-operative Council, John Stevenson, says this financial incentive will make a material difference to the farmers who receive it. LISTEN ABOVESee omnystudio.com/listener for privacy information.
Taranaki dairy farmer, and All Black stud breeder, comments on the Big Dry and Fonterra's latest emissions incentives and why he reckons he's not getting them.See omnystudio.com/listener for privacy information.
In this quick bite, Fonterra CEO Miles Heller shares his insights on the company's outlook for 2025 and beyond. What are the key challenges facing this dairy giant? How is Fonterra positioning itself to handle global uncertainties, from geopolitical tensions to market volatility? Plus, get his perspective on shareholder value and the company's financial transformation since 2019. This quick bite is from our previous episode 'Beyond milk: Fonterra's next frontier' For more or to watch on youtube—check out http://linktr.ee/sharedlunch Investing involves risk. This episode is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. Information provided is general only and current at the time and does not take into account your circumstances, objectives or needs. We do not provide recommendations and you should always read the disclosure documents available to the product's issuer before making a financial decision. Our disclosure documents, including a Target Market Determination for Sharesies, can be found on our website. If you require financial advice, you should consider speaking with a qualified financial advisor. The views expressed by individuals are their own and Sharesies does not endorse any of the guests or the views they hold. See omnystudio.com/listener for privacy information.
It’s not just about milk anymore. Fonterra CEO Miles Hurrell opens up about steering the export giant through geopolitical turbulence, shifting consumer demands, and the push for sustainability. After a rocky ride in the late 2010s, Fonterra has refined what it’s selling and who it's selling to. With an aging global population and a wellness boom, Fonterra is ramping up investment in R&D to pursue products for health and medical nutrition. Miles describes the opportunities presented by Southeast Asia's growing middle class, even amidst Trump's looming tariffs and a shakier Chinese market. Plus, hear about Fonterra’s complex journey towards sustainability—trialling electric tankers, getting rid of coal, and the race to reduce methane emissions. For more or to watch on YouTube—check out http://linktr.ee/sharedlunch Shared Lunch is brought to you by Sharesies Limited (NZ) in New Zealand and Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) (collectively referred to as ‘Sharesies’). Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own. Shared Lunch is not personal financial advice and provides general information only. We recommend talking to a licensed financial adviser. You should review relevant product disclosure documents before deciding to invest. Investing involves risk. You might lose the money you start with. Content is current at the time.See omnystudio.com/listener for privacy information.
In this episode of the AgCulture Podcast, Andy Macfarlane, a respected voice in agriculture and sustainability, shares his perspective on the evolution of Canterbury's farming systems. He talks about everything from managing irrigation to finding the right balance between environmental care and productivity. Andy highlights how New Zealand has responded to global market pressures and environmental challenges, offering fresh ideas on innovative farming practices, seed production, and sustainable water use. Don't miss this insightful conversation packed with practical tips and strategies for succeeding in agriculture today. Catch it now on all major platforms! This episode was sponsored by: SDG Precision Agriculture Meet the guest: Andy Macfarlane graduated from Lincoln University and is a strategic leader passionate about sustainable farming practices, biodiversity, and global agricultural innovation. As a director at ANZCO and Fonterra, he combines science with practical adoption strategies to enhance the New Zealand brand. With extensive experience in dairy, beef, and seed production, Andy's insights are invaluable for today's agripreneurs. Connect with our guest on Social Media: LinkedIn (00:00) Introduction (09:30) Sustainable irrigation systems (15:22) Shifts in land use (21:00) Advancing seed production (28:11) Environmental challenges (35:33) Role of technology (39:44) Final Questions
Fonterra’s president of global market ingredients reviews another great GDT auction with a 3.7% rise across the board (WMP +4.1%, SMP +4.7%). So, if $10 is locked in, what about $11 for 24/25?See omnystudio.com/listener for privacy information.
Fonterra is investing $150 million into electrification over the next 18 months. The collective says the projects across the North Island are a significant step towards its climate goals and operational resilience. It includes electric boilers at the Whareroa, Edgecumbe, and Waitoa sites - and more fleet decarbonisation. Fonterra's Director of Global Engineering, Chris Kane, says the rising costs of gas and carbon made it an opportune time to make the switch. LISTEN ABOVESee omnystudio.com/listener for privacy information.
A social media backlash is underway in the United Kingdom with well-known milk brands being poured down drains and people vowing never to buy them again.
Fonterra has taken to social media to reassure customers it is not using a feed additive designed to lower the climate impact of cows. Climate Change Correspondent Eloise Gibson reports.
Jarden's head of commodities comments on reversal in fortunes with last night's 1.4% increase in the GDT auction mirroring the fall in the first auction of the new calendar year (WMP 5%, SMP 2%, AMF -7.8%, Butter 2.2%, and Cheese 2.8%). Does this lock in Fonterra's $10 milk price? Which is where the futures market is currently sitting. See omnystudio.com/listener for privacy information.
The dairy sector's upbeat heading into the new year. Dairy prices are up 1.4% at the latest Global Dairy Trade auction, while Fonterra's still predicting farmgate milk prices to reach a record $10.50 midpoint this year. New Zealand's milk production in 2024 was also the highest in five years. Fonterra co-operative council chair, John Stevenson told Ryan Bridge it's looking really positive from an on-farm perspective. He says supplementary feed supplies, silage, and crops have had a good start to summer. LISTEN ABOVE See omnystudio.com/listener for privacy information.
Leighton is on summer break, so we are highlighting some of his favourite guests from 2024. The legal fraternity in this part of the world is delighted at the Supreme Court's decision on Smith v Fonterra. But not everyone feels that way. In his inevitable style, Professor James Allan critiques the decision and the direction a collection of un-elected ex-lawyers are “usurping power to themselves at the expense of the elected branches of government”. As a specialist in constitutional law, Jim is in his element. We also spend words on SCOTUS and Trump. An important and essential commentary. File your comments and complaints at Leighton@newstalkzb.co.nz Haven't listened to a podcast before? Check out our simple how-to guide. Listen here on iHeartRadio Leighton Smith's podcast also available on iTunes:To subscribe via iTunes click here See omnystudio.com/listener for privacy information.
Miles Hurrell has been at the helm of Fonterra for five years now, and to say he's conducted a turnaround job is probably an understatement.
Siew Ting Foo is a transformational growth leader who builds businesses and brands with soul. Building Brands with Soul is also the title of her new book. During her 25-year career, she's worked with brands including Unilever, Mars Inc, Diageo, and HP. We discussed all of this and more this week on the On Brand podcast. About Siew Ting Foo Siew Ting Foo is a transformational growth leader who builds businesses and brands with soul. She has focused most of her 25-year career on this mission by infusing human-centric growth strategies into brands including Unilever, Mars Inc. Diageo, Fonterra, and, most recently, HP Inc. As a female leader who has worked in global business and marketing roles, Siew Ting shares her experiences in her new book: Building Brand with Soul — from creating value for shareholders, humanizing growth strategies for global brands or leading groundbreaking initiatives that set industry benchmarks. Siew Ting has received recognition as a transformational business leader across the region who helped build businesses and brands with soul. She was named consecutively 6 times as Asia's most purposeful and influential CMO and named Asia/China top women leader. The book is her continuous commitment to inspire and nurture the next generation of marketing leaders. From the Show What brand has made Siew Ting smile recently? Siew Ting shared two — e.l.f. Cosmetics and Jaguar! Connect with Siew Ting Foo on LinkedIn and her website. As We Wrap … Listen and subscribe at Apple Podcasts, Spotify, Amazon/Audible, Google Play, Stitcher, TuneIn, iHeart, YouTube, and RSS. Rate and review the show—If you like what you're hearing, be sure to head over to Apple Podcasts and click the 5-star button to rate the show. And, if you have a few extra seconds, write a couple of sentences and submit a review to help others find the show. Did you hear something you liked on this episode or another? Do you have a question you'd like our guests to answer? Let me know on Twitter using the hashtag #OnBrandPodcast and you may just hear your thoughts here on the show. On Brand is a part of the Marketing Podcast Network. Until next week, I'll see you on the Internet! Learn more about your ad choices. Visit megaphone.fm/adchoices