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Fonterra raises earnings forecast, announces lower prices for next season

New Zealand dairy giant Fonterra raised its fiscal 2023 earnings forecast today amid ongoing strong margins in protein and cheese portfolio and said it expects to pay a lower price for milk to its farmers next season. 

Fonterra breaks export volumes record in December

Dairy giant Fonterra has announced that it exported record monthly volumes in December. Fonterra is the largest dairy exporter in the world; the company said...
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The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.