Another Windfall for Fonterra Farmers, Unit Holders
Fonterra farmer shareholders and unit holders are in line for another payment in April.
The latest GDT event saw the price index up 0.6%.
The crucial whole milk powder price was down just 0.1% to US$3283/tonne.
Fonterra says WMP prices must remain above US$3000/t for a $6/kgMS payout to farmers.
Full results; AMF index up 3.7%, average price US$5,528/MT Butter index up 1.6%, average price US$4,382/MT BMP index down 10.1%, average price US$2,783/MT Ched index up 1.3%, average price US$3,940/MT LAC index down 1.7%, average price US$813/MT RenCas index up 4.9%, average price US$6,470/MT SMP index down 1.6%, average price US$2,612/MT WMP index down 0.1%, average price US$3,283/MT
