FSF
27/05/2015 16:16
MONTHLY
PRICE SENSITIVE
REL: 1616 HRS Fonterra Shareholders' Fund (NS)
MONTHLY: FSF: 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:00264893 For:FSF Type:MONTHLY Time:2015-05-27 16:16:57
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