FCG
07/03/2014 13:56
GENERAL
REL: 1356 HRS Fonterra Co-operative Group Limited
GENERAL: FCG: Fonterra Global Dairy Update Issue 18
Fonterra Co-operative Group Limited has issued a market update.
IN THIS ISSUE
- New Zealand milk volumes 4.9% higher for the Season to 28 February 2014
- GDT prices on 4 March 2014 4.0% lower than the last event on 18 February
2014
- Fonterra Business Update:
- Forecast Farmgate Milk Price increased to $8.65 per kgMS for the 2013/14
Season
- New Zealand milk supply forecast to grow 7.5% in the 2013/14 Season
- Investing in New Zealand capacity to support our consumer and foodservice
expansion
- First farming hub in China complete
- Update on Share Standard compliance
End CA:00247946 For:FCG Type:GENERAL Time:2014-03-07 13:56:03
Price at posting:
$5.97 Sentiment: None Disclosure: Held
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