Fonterra is expanding its organic milk business
Fonterra is expanding its organic milk business Supplied - Fonterra

Fonterra expanding organic milk business

FONTERRA said it would expand its organic milk business to meet growing demand.

At meetings with farmers this week, Fonterra's global business manager for Organics, Craig Deadman, said the co-operative was committed to developing its organic milk supply.

"Following our review, we have refreshed our growth strategy to enable us to grow the business, profitably and sustainably," he said in a statement.

"This strategy reflects the volumes our customers have indicated they need to satisfy increasing demand for organic dairy," he said.

Fonterra is also increasing the total certified organic payment to $1.50 per kg milk solids from June this year, up 45 cents over the previous certified organic milk premium of $1.05 kg.

Deadman said more people were choosing organic dairy products and he expected the trend to continue, particularly in South-East Asia, China and in the United States.



Daughter’s tribute to Sydney to Hobart Yacht race winner

Premium Content Daughter’s tribute to Sydney to Hobart Yacht race winner

The Ballina local lost his life after falling over board at Ballina

Vital justice advocacy service to have funding scrapped

Premium Content Vital justice advocacy service to have funding scrapped

Justice Advocacy Service offers support to people with cognitive impairment at...

DON'T MISS IT: Activate your free bonus for big rewards

Premium Content DON'T MISS IT: Activate your free bonus for big rewards

How you could win a share in $500k