Positive signs point toward recovery of dairy downturn - FonterraJohn Hawkins Fonterra's Edendale dairy factory. A Southern Fonterra boss sees positive signs worldwide that the dairy downturn is starting to ease. It was announced last month that a new $200 million Mataura Valley Milk dairy processing plant will be built in McNab, about 30km away from Fonterra's Edendale plant. The new competition in the south was likely to have more of an impact on Fonterra suppliers than others because it has the majority of farmer-suppliers in Southland. Open Country Dairy, which has a plant at Awarua, has about 100 suppliers in the region.

Source: Stuff August 16, 2016 22:30 UTC