NZ: Fonterra “hikes cheese prices”
By: just-food.com | 21 January 2009
New Zealand-based dairy giant Fonterra has reportedly raised the price it charges food suppliers for its dairy products.
According to a report in The Dominion Post, Fonterra has increased the price of edam cheese by 4%. The price of a five-kilogram block of parmesan has been reportedly raised by 10%, while the price of creamy feta has risen 12%.
These price increases do not relate to supermarket prices, but will be reflected in prices charged to the foodservice industry, the report claimed.
Sectors: Dairy
Companies: Fonterra
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