Ann: MONTHLY: FCG: Global Dairy Update May 2015

• Release Date: 27/05/15 16:16
• Summary: MONTHLY: FCG: Global Dairy Update May 2015
• Price Sensitive: No
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					FCG
27/05/2015 16:16
MONTHLY
PRICE SENSITIVE
REL: 1616 HRS Fonterra Co-operative Group Limited

MONTHLY: FCG: Global Dairy Update May 2015

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

IN THIS EDITION:

Fonterra milk collection
o New Zealand 8% higher in April 2015 and 2% higher for the season to date
o Australia 7% higher in April 2015 and 6% higher for the season to date

Business update
o Global Ingredients third quarter update

Global dairy market overview
o End of European Union milk quotas
o Global milk production growth easing and volatility in exports and imports

Dairy commodity prices on 19 May 2015
o Fonterra volume sold on GDT of 24,840 MT
o GDT Price Index 2% lower than the previous event
End CA:00264892 For:FCG    Type:MONTHLY    Time:2015-05-27 16:16:56