Displaying items by tag: milk price

RABOBANK is predicting global dairy price will recover in six months.

THE COMMERCE Commission has released a paper outlining the proposed process and timeline for a review of Fonterra's base milk price calculation for the 2013/14 dairy season.

SYNLAIT HAS reduced its forecast net profit after tax by about $7.5 million in this financial year.

FONTERRA FARMERS will be offered two opportunities to lock in the price paid for a percentage of their milk in the 2014/15 season.

FONTERRA HAS lifted its forecast farmgate milk price for the 2013/14 season by 35 cents to a record level of $8.65 per kgMS.

SYNLAIT MILK has increased its forecast milk price for the 2014 season from $8kg/MS to a range of $8.30 to $8.40/kg/MS as the result of continuing high international commodity prices.

FONTERRA'S DEVIATION from the milk price manual will be looked at by the Commerce Commission this year.

HOLDING THE forecast farmgate milk price and lowering the dividend to 10c was a practical decision given the unusual market conditions says Fonterra Shareholders' Council chairman, Ian Brown.

FONTERRA IS maintaining its forecast farmgate milk price at $8.30kg/MS for the 2013/14 season.

WESTLAND EXPECTS sales revenue of more than $750 million this season resulting in an operating surplus of $7.60-$8/kgMS before retentions.