FCG
11/02/2015 09:48
MONTHLY
PRICE SENSITIVE
REL: 0948 HRS Fonterra Co-operative Group Limited
MONTHLY: FCG: Global Dairy Update February 2015
Fonterra Co-operative Group Limited has issued a market update.
IN THIS EDITION
Fonterra milk collection
- New Zealand 3% lower in January 2015 and 3% higher for the season to date
- Australia unchanged in January 2015 and 6% higher for the season to date
Business update
- Global Operations and Ingredients (formerly NZMP) second quarter update
- New Zealand forecast milk supply reduced for the 2014/15 season
Global dairy market overview
- Easing growth in global milk production and steady import growth in the
Middle East, Africa and Asia
Dairy commodity prices on 3 February 2015
- Fonterra volume sold on GDT of 26,750 MT
- GDT Price Index 9% higher than the previous event
End CA:00260483 For:FCG Type:MONTHLY Time:2015-02-11 09:48:42
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