Fonterra Profit Surge Adds $1 Billion Boost, Strengthening Dairy Supply Outlook for Global Buyers

Fonterra Profit Surge Adds $1 Billion Boost, Strengthening Dairy Supply Outlook for Global Buyers

A decade-high third-quarter shipping performance matters more to dairy buyers than a neat profit line. It tells me Fonterra is not just making more milk; it is getting product through a disrupted global freight system while customers are still writing orders. Fonterra has reported $1.5 billion in operating profit for its fiscal third quarter, up … Read more

Fonterra Chooses MyMilk Founder Richard Allen to Lead the Dairy Co-op Into 2026

Fonterra Chooses MyMilk Founder Richard Allen to Lead the Dairy Co-op Into 2026

The world’s largest dairy exporter has closed its CEO search — and it never needed to look outside its own ranks. Fonterra’s appointment of Richard Allen ends a process that began when Miles Hurrell handed in his notice in December, and the choice of a near two-decade company veteran tells you precisely what the board … Read more