Saturday, 11 July 2020 15:45

Drought is the new normal

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Following a significant blow from long-term drought conditions in Australia, dairy giant Fonterra recently announced a $820million write-down after a review of its key assets. The company has reassured farmers that this will not impact their operations but has adjusted its figures stating that ‘drought is the new norm’ in Australia. Find out more about Fonterra’s focus on meeting global and local markets in our case study here.