News | Rural
23 Feb 2026 17:22
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
     20 Feb: Fonterra is raising its forecast payout to farmers, following the latest rise in global dairy prices
     20 Feb: Fonterra's announced an extra dividend for farmers - as it pushes ahead with the sale of its consumer arm
     19 Feb: Confidence green pastures lie ahead for Fonterra, as the sale of brands like Anchor and Mainland nears completion
     18 Feb: Dairy prices have risen another 3.6 percent at this morning's latest Global Dairy Trade auction
     23 Jan: Dairy farmers could be in an earlier-than-expected pay day
     22 Jan: Fonterra's taking its growing organic business south for the first time
     15 Jan: Potential for a dairy price recovery
     Top Stories

    RUGBY RUGBY
    Moana Pasifika are on the hunt for a new venue for their round nine Super Rugby match against the Chiefs More...


    BUSINESS BUSINESS
    Wallets appear to opening again - across the country More...



     Today's News

    Business:
    Wallets appear to opening again - across the country 16:57

    Entertainment:
    Hilary Duff found her return to the music industry to be "scary" 16:51

    Motoring:
    Northbound lanes have reopened at Orewa - after a three-vehicle crash and diesel spill on State Highway One, this afternoon - in northern Auckland 16:47

    Law and Order:
    Auckland police have arrested a man they believe responsible for a string of indecent assaults - against high school students and teachers 16:17

    Business:
    Energy watchdog to force retailers to offer struggling customers help in overhaul 16:07

    Health & Safety:
    Denmark and Greenland reject Trump's offer to send naval hospital ship 16:07

    Rugby:
    Moana Pasifika are on the hunt for a new venue for their round nine Super Rugby match against the Chiefs 15:57

    Law and Order:
    40-year-old summonsed to court in relation to Christchurch dog attack on Saturday 15:27

    Accident and Emergency:
    Five hikers are lucky to be alive after a Mount Taranaki tramp yesterday 14:57

    National:
    In Emerald Fennel’s Wuthering Heights, domestic abuse has been recast as consensual kink 14:17


     News Search






    Power Search


    © 2026 New Zealand City Ltd