Displaying items by tag: Fonterra

Fonterra chairman Peter McBride has a message for the co-operative's farmer shareholders - without offering financial advice he's telling them there's no need to sell their shares right now.

Fonterra's wide forecast milk price range for the new season is realistic, says BNZ senior economist Doug Steel.

OPINION: Your old mate reckons Fonterra and its dairy farmer shareholders may well be all cock-a-hoop about the prospects of a near $8 payout this year and one north of $8 next year.

This season, up to 10 cents of Fonterra suppliers' milk payments will be determined by the farm's sustainability credentials and milk quality.

Fonterra recently announced a forecast milk price range for the coming season of $7.25 to $8.75 per kgMS, with a midpoint of $8.00 per kgMS.

The battle for milk in Australia has just got tougher for processors like Fonterra.

Fonterra's small group of organic farmers are facing a drop in milk price after a record $10.26/kgMS payout last year.

A number of farmers were forced to dump milk, says Farm Source regional head Charles Fergusson.

Fonterra is sticking to normalised earnings guidance of 25-35 cents per share for this year.

Fonterra farmers will start the new season with strong cashflow, thanks to an opening forecast with a record midpoint of $8/kgMS.