Fonterra shareholders watch performance after sale
Fonterra shareholders say they will be keeping an eye on their co-operative's performance after the sale of its consumer businesses.
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
One person intimately involved in the new legislation to replace the Resource Management Act (RMA) is the outgoing chief executive of the Ministry for the Environment, James Palmer, who's also worked in local government.
Horticulture New Zealand (HortNZ) says a new report projects strong export growth for New Zealand's horticulture sector highlights the industry's increasing contribution to the national economy.
Fonterra shareholders say they will be keeping an eye on their co-operative's performance after the sale of its consumer businesses.
T&G Global says its 2025 New Zealand apple season has delivered higher returns for growers, reflecting strong global consumer demand and pricing across its Envy and Jazz apple brands.
New Zealand's primary sector is set to reach a record $62 billion in food and fibre exports next year.
A new levying body, currently with the working title of NZWool, has been proposed to secure the future of New Zealand's strong wool sector.

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