News

2015/16 cut to $NZ3.95/kg ms (from 4.25 and compared to Fonterra's current forecast at 4.15) 2016/17 forecast is $5 ANZ cites high supply The views and opinions ...
Fonterra has stuck with its $4.70 per kg farmgate milk price forecast for the 2014/15 season and its forecast cash payout of $4.95 - $5.05 a kg, surprising ...
The regulator said Fonterra's analysis of the basket appeared reasonable but recommended the company review the volumes of mozzarella and MPC 85 necessary to be deemed commoditised, and also evaluate ...
Cooperative cuts dividend on falling earnings Shares of Fonterra immediately fell 3.5% as the company cut its dividend. New Zealand's 10,000 dairy farmers will receive a dividend of 20-30 cents, down ...
The dairy firm is also targeting a higher average return on capital, raising it to 10-12%, compared with 9-10% earlier. "Fonterra is in a strong position, delivering results well above its five ...
(Reuters) - New Zealand's Fonterra raised the lower end of its annual earnings forecast on Thursday, after reporting higher third-quarter profit, helped by strength in the dairy giant's ...