News | Rural
21 Jan 2026 20:30
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

    Fonterra has completed the sale of two farming hubs in China for more than 550 million dollars

    Fonterra has completed the sale of two farming hubs in China for more than 550 million dollars


    Fonterra
    Fonterra
    In October, the dairy giant announced the sales to the Inner Mongolia Youran Dairy Company, which has since got anti-trust and regulatory clearance in China.

    CEO Miles Hurrell says the the farms helped China develop its dairy industry.

    He says company's strategy is now focusing on its Foodservice, Consumer and Ingredients businesses in China.

    The co-op is continuing with the sale of its 85 percent stake in its Hangu farm, to a minority shareholder.

    © 2026 Newstalk ZB, NZCity

     Other Rural News
     15 Jan: Potential for a dairy price recovery
     15 Jan: Fonterra's boss says farmers are used to volatility in prices and payouts
     26 Dec: Some good news on the horizon for cattle and sheep farmers
     19 Dec: The Reserve Bank's weighing in on the Fonterra deal
     12 Dec: Dairy farmers are being warned they'll be taking a cut in earnings, due to falling global dairy prices
     04 Dec: Fonterra is getting closer to selling off its consumer brands like Anchor and Mainland
     03 Dec: The fall in global dairy prices continues
     Top Stories

    RUGBY RUGBY
    Black Sticks women's coach Phil Burrows is eager to see internal competition at this week's four-team international tournament in Dunedin More...


    BUSINESS BUSINESS
    Pic's Peanut Butter is boasting huge financial success, with sales reaching 40-million dollars More...



     Today's News

    National:
    Rob Hirst was not the figurehead of Midnight Oil – but he was its backbone 20:17

    Entertainment:
    Finn Wolfhard used his SNL hosting debut to poke fun at the fact that he and his co-stars are still often viewed as "the kids from Stranger Things" 20:10

    National:
    As Trump’s threats over Greenland escalate, will Europe use its ‘trade bazooka’? 20:07

    Entertainment:
    Sophie Turner admits that her acting career "stalled" because she had children at an early age 19:40

    Entertainment:
    Golda Rosheuvel based her Bridgerton character on her late mother 19:10

    Environment:
    The wild weather's rapidly evolving - with more downpours on the way 18:57

    Basketball:
    The Breakers need officials in basketball's Aussie NBL to do them a favour, after losing American forward Rob Baker to a season-ending knee injury 18:57

    Entertainment:
    Hayden Panettiere found writing her memoir to be a "therapeutic experience" 18:40

    Basketball:
    The Breakers hump day form remains a talking point heading into their latest fixture in basketball's ANBL tonight 18:37

    International:
    Australian NATO envoy Di Turton warns North Korea has 'combat-ready troops in our region' 18:17


     News Search






    Power Search


    © 2026 New Zealand City Ltd