Theo Spierings

As the milk price falls, Fonterra needs to react by rethinking its strategy

Agribusiness is different. Long investment cycles, equally long production cycles and environmental perturbations combine to erode resilience. The current milk price debacle is a clear case in point.

The Fonterra boss backs continued dairy growth but can see a day when we might cap cow numbers... and could China steal the milk right from under our noses?

How much is enough? Or even too much? It's a fundamental question for any business or economy when you're dealing with supply and demand. And it's a crucial question when it comes to New Zealand's dependence on the dairy industry. So when do we reach 'peak cow'?

This is the third infant formula crisis that Fonterra has been involved with. Time to go.

Fonterra was given privileged status because it was supposed to benefit the entire economy. Instead it's putting NZ inc at billion dollar risk. 

First it was plastic. Then it was fertilizers. Now it’s botulism. What next in baby’s milk – the Ebola virus?

The serious and repeated errors made by Fonterra over DCD should mean an end to the cosy little concessions all New Zealanders make to the dairy giant

You would have thought Fonterra might have sharpened their crisis management after the tainted milk scandal in 2007, which illustrated the extreme sensitivity around the integrity of their products. Instead, Fonterra have made a ham-fisted mess of the DCD issue.