News | Rural
3 Jul 2025 16:22
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Rural

    Dairy giant Fonterra's farm sales in China,don't mean it's pulling out of the market

    Dairy giant Fonterra's farm sales in China,don't mean it's pulling out of the market


    Fonterra
    Fonterra
    Inner Mongolia Natural Dairy has purchased two farming hubs for just over 500 million, and another farm's sold for 42 million.

    Fonterra CEO Miles Hurrell says it will let the co-op prioritise areas where they have a competitive advantage.

    China Studies Centre director Antje Fiedler says Fonterra is heavily involved in product development throughout China and South East Asia.

    She says one example is working with chefs to create cake products that specifically use New Zealand butter.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     29 Jun: Dairy farmers are remaining optimistic, despite some road bumps
     04 Jun: Dairy prices are down 1.6 percent at the latest Global Dairy Trade auction
     29 May: Good news for Fonterra dairy farmers - accompanied by a "but"
     29 May: Fonterra's reporting a strong rise in profit, while warning of more global uncertainty on the horizon
     26 May: Farmers are sounding the alarm - warning the sheep industry is collapsing
     25 May: Strong global dairy commodity prices are expected to be good news for farmers this season
     22 May: New Zealand farmers are benefiting from a dairy renaissance
     Top Stories

    RUGBY RUGBY
    Tupou Vaa'i has been tasked with moving to the blindside flank in a new-look All Blacks pack for Saturday's first test of the year against France More...


    BUSINESS BUSINESS
    Consumer spending's continuing to pick up More...



     Today's News

    Basketball:
    Kiwi basketballer Tyrell Harrison will play for the Denver Nuggets in the NBA Summer League 16:17

    Politics:
    Trump’s ‘big beautiful bill’ has passed the US Senate – these are the winners and losers 16:07

    International:
    Sean 'Diddy' Combs: The rise, fall and acquittal of a hip hop mogul 16:07

    Entertainment:
    Neil Young joked about his dispute with the BBC after taking to the Pyramid Stage at Glastonbury 16:06

    Entertainment:
    Henry Golding thinks playing James Bond would be a "nightmare" 15:36

    Rugby:
    Tupou Vaa'i has been tasked with moving to the blindside flank in a new-look All Blacks pack for Saturday's first test of the year against France 15:27

    Entertainment:
    Porsha Williams is taking a break from dating after finalising her divorce from Simon Guobadia 15:06

    Boxing:
    The Gypsy King could be on the move...back into the boxing ring 14:57

    Entertainment:
    Adult film star Kylie Paige has died aged 28 14:36

    National:
    Thumbs up: good or passive aggressive? How emojis became the most confusing kind of online language 14:17


     News Search






    Power Search


    © 2025 New Zealand City Ltd