Latest Meadow Fresh Stories

2008-08-17 18:00:24

By JANES, Andrew SHOPPERS switching to cheaper house-brand dairy products have led to Goodman Fielder writing down the value of its New Zealand dairy operations by about a quarter. Goodman Fielder is No 2 in the New Zealand dairy market after Fonterra. Its brands include Meadow Fresh and Sun Latte milk, and Tararua and Chesdale cheese. In the year to June 2007, the New Zealand dairy operations had revenue of almost $500 million. Yesterday it said it would write down their value by $214...

2008-06-19 03:00:17

By STEEMAN, Marta -------------------- Consumers could be facing another rise in the price of milk while dairy farmers are creaming it. Fonterra will give no guarantee it will not raise the price of milk after boosting the dairy farmers' payout yesterday to $7.90 a kilogram of milksolids for the 2007-08 season. This dairy season will go down in history as the record payout puts another $4 billion in the pockets of 11,000 dairy farmers. Last year they were paid a paltry, by...

Word of the Day
  • A 'bachelor seal'; a young male seal which is prevented from mating by its herd's older males (mated bulls defending their territory).
This comes from the Russian word for 'bachelors.'