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News: FSF Fonterra confirms forecast farmgate milk price of NZ$6.00 per kgms

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    12/12/16
    13:34
    Post #: 21273392

    Dec 12 (Reuters) - Fonterra Co-operative Group Ltd (FCG)

    • Fonterra confirms forecast farmgate milk price for DIRA
    • Monthly advance rate schedule of payments to farmer announced in november remains unchanged
    • "Confirmed the forecast farmgate milk price of $6.00 per kgms announced in November"
    • Confirmed forecast earnings per share range for the 2017 financial year of 50 to 60 cents
    • "Current forecast milk price continues to reflect improving global milk prices, due to lower supply from New Zealand, Australia and Europe"
    • All figures in NZ$
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