Fonterra to exit milk pools out of NZ, but no plans to leave Australia

Carlene Dowie
Updated October 2 2019 - 1:03pm, first published September 26 2019 - 8:15am
CHANGE OF DIRECTION: Fonterra is re-positioning itself as a New Zealand company not a global dairy giant.
CHANGE OF DIRECTION: Fonterra is re-positioning itself as a New Zealand company not a global dairy giant.

UPDATED: Fonterra will start exiting milk pools outside of New Zealand, in the wake of big losses in the past two years.

Carlene Dowie

Carlene Dowie is the editor of the Australian Dairyfarmer magazine and has more than 30 years' experience as a rural journalist.

Get the latest QLD news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.