Fonterra CEO: All contaminated dairy stocks contained

The Fonterra logo is seen near the Fonterra Te Rapa plant near HamiltonWELLINGTON (Reuters) – Fonterra CEO Theo Spierings said on Wednesday that all stocks of contaminated dairy products made and exported by the company had been taken out of the market, and there was little or no risk to consumers. After visiting China earlier this week, Spierings said the situation there had stabilized. "I said at a press conference in China that I would not leave before the situation was stable from the perspective of markets, consumers, customers and global authorities," he told reporters at the company's headquarters in Auckland. …