Ann: MONTHLY: FCG: Global Dairy Update Issue 26

• Release Date: 13/11/14 16:45
• Summary: MONTHLY: FCG: Global Dairy Update Issue 26
• Price Sensitive: No
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					FCG
13/11/2014 16:45
MONTHLY

REL: 1645 HRS Fonterra Co-operative Group Limited

MONTHLY: FCG: Global Dairy Update Issue 26

Fonterra Co-operative Group Limited has issued a market update.

IN THIS EDITION
Fonterra milk collection
- New Zealand 4% higher in October 2014 and 4% higher for the season to date

- Australia 8% higher in October 2014 and 10% higher for the season to date

Business update
- Global Operations and Ingredients first quarter update
- Guaranteed Milk Price benefits for farmers and customers

Dairy commodity prices on 4 November 2014
- Fonterra volume sold on GDT of 43,774 MT
- GDT Price index 0.3% lower than the previous event

Global dairy market overview
- Continued strength in global milk production but pressure on imports
End CA:00257629 For:FCG    Type:MONTHLY    Time:2014-11-13 16:45:42