Ann: GENERAL: FSF: Fonterra Global Dairy Update I

• Release Date: 07/03/14 15:56
• Summary: GENERAL: FSF: Fonterra Global Dairy Update Issue 18
• Price Sensitive: No
• Download Document  784B

					FSF
07/03/2014 13:56
GENERAL

REL: 1356 HRS Fonterra Shareholders' Fund (NS)

GENERAL: FSF: 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:00247947 For:FSF    Type:GENERAL    Time:2014-03-07 13:56:04