Ann: MONTHLY: FSF: Global Dairy Update Issue 25

• Release Date: 13/10/14 15:52
• Summary: MONTHLY: FSF: Global Dairy Update Issue 25
• Price Sensitive: No
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					FSF
13/10/2014 15:52
MONTHLY

REL: 1552 HRS Fonterra Shareholders' Fund (NS)

MONTHLY: FSF: Global Dairy Update Issue 25

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

IN THIS EDITION
Fonterra milk collection
- New Zealand 4% higher in September 2014 and 5% higher for the season to
date
- Australia 10% higher in September 2014 and 10% higher for the season to
date

Business update
- Launch of Fonterra's Farm Source(TM) initiative

Dairy commodity prices on 1 October 2014
- Fonterra volume sold on GDT of 52,691 MT
- GDT Price index 7% lower than the previous event

Global dairy market overview
- Continued strength in global milk production but pressure on imports
End CA:00256353 For:FSF    Type:MONTHLY    Time:2014-10-13 15:52:15