milk price
Westpac economists have had their first go at picking the milk price for farmers in 2022 and they are picking exactly the same price as for this year
18th Nov 20, 1:37pm
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Westpac economists have had their first go at picking the milk price for farmers in 2022 and they are picking exactly the same price as for this year
Despite a bump in the road at the last dairy auction, future demand prospects remain good and unchanged. More focus goes on mitigating farm environmental pressures
5th Nov 20, 9:03am
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Despite a bump in the road at the last dairy auction, future demand prospects remain good and unchanged. More focus goes on mitigating farm environmental pressures
Fonterra's now picking a milk price for the current season in a higher range of $6.30 to $7.30 per kilogram of milk solids, giving a 'midpoint' forecast of $6.80
15th Oct 20, 8:53am
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Fonterra's now picking a milk price for the current season in a higher range of $6.30 to $7.30 per kilogram of milk solids, giving a 'midpoint' forecast of $6.80
Recent dairy news mostly positive, with Fonterra progressing its restructuring, higher auction prices, some sympathy for what farming contributes. But climate issues remain
8th Oct 20, 4:53pm
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Recent dairy news mostly positive, with Fonterra progressing its restructuring, higher auction prices, some sympathy for what farming contributes. But climate issues remain
Fonterra says sale of the China farm interests will allow the co-op to 'prioritise the areas of its business where it has competitive advantages'
5th Oct 20, 9:15am
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Fonterra says sale of the China farm interests will allow the co-op to 'prioritise the areas of its business where it has competitive advantages'
Westpac's senior agri economist Nathan Penny says latest dairy auction results are consistent with a milk price of $6.50 for the current season, though he cautions that it is still early days yet
16th Sep 20, 10:20am
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Westpac's senior agri economist Nathan Penny says latest dairy auction results are consistent with a milk price of $6.50 for the current season, though he cautions that it is still early days yet
Westpac's senior agri economist Nathan Penny says Covid has been the 'key driver' in the reduction in the price premium of milk fat over protein
2nd Sep 20, 11:57am
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Westpac's senior agri economist Nathan Penny says Covid has been the 'key driver' in the reduction in the price premium of milk fat over protein
Recent global auction results are offering economists encouragement that Fonterra will be able to achieve a return to farmers in the 2020/21 season at the upper end of the co-operative's forecast
22nd Jul 20, 2:42pm
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Recent global auction results are offering economists encouragement that Fonterra will be able to achieve a return to farmers in the 2020/21 season at the upper end of the co-operative's forecast
Fonterra says it is changing the way it will reward farmers for sustainable practices and now intends to offer an extra cash payment of up to 10c per kilogram of milk solids
23rd Jun 20, 11:45am
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Fonterra says it is changing the way it will reward farmers for sustainable practices and now intends to offer an extra cash payment of up to 10c per kilogram of milk solids
Fonterra says wide ranging milk price forecast for new season reflects global uncertainty; mid price for current season now set at $7.20; earnings for current year still picked to be between 15c-25c a share
21st May 20, 8:53am
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Fonterra says wide ranging milk price forecast for new season reflects global uncertainty; mid price for current season now set at $7.20; earnings for current year still picked to be between 15c-25c a share
Farmers might have to prepare for a return of under $6 per kilogram of milk solids in the forthcoming season
6th May 20, 3:35pm
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Farmers might have to prepare for a return of under $6 per kilogram of milk solids in the forthcoming season
Chairman of Fonterra John Monaghan advises farmer caution around significant on-farm decisions due to current levels of global uncertainty
20th Apr 20, 2:46pm
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Chairman of Fonterra John Monaghan advises farmer caution around significant on-farm decisions due to current levels of global uncertainty
The twin threats of coronavirus and drought are putting different kinds of pressure on dairy prices
20th Feb 20, 11:15am
The twin threats of coronavirus and drought are putting different kinds of pressure on dairy prices
A price of around $7.50 per kilogram of milk solids is still seen as likely for Fonterra farmers, with the sharp falls in auction prices seen as being a glitch
18th Dec 19, 10:43am
A price of around $7.50 per kilogram of milk solids is still seen as likely for Fonterra farmers, with the sharp falls in auction prices seen as being a glitch
Fonterra narrows milk price forecast to $7-$7.60; says new year has started well, but warns of 'several one-off adjustments' that will affect the full year results
5th Dec 19, 9:48am
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Fonterra narrows milk price forecast to $7-$7.60; says new year has started well, but warns of 'several one-off adjustments' that will affect the full year results
In its latest Financial Stability Report the Reserve Bank says options to address excessive dairy debt are limited as farm sales are at historically low levels
27th Nov 19, 2:52pm
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In its latest Financial Stability Report the Reserve Bank says options to address excessive dairy debt are limited as farm sales are at historically low levels
Further gains in global dairy prices are prompting economists to push up their milk price forecasts higher and higher - with a $7.50 per kilogram of milk solids price now looking eminently achievable
20th Nov 19, 2:02pm
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Further gains in global dairy prices are prompting economists to push up their milk price forecasts higher and higher - with a $7.50 per kilogram of milk solids price now looking eminently achievable
Further gains in global dairy prices are increasing the chances of a Fonterra milk price of over $7 per kilogram of milk solids this season
6th Nov 19, 2:34pm
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Further gains in global dairy prices are increasing the chances of a Fonterra milk price of over $7 per kilogram of milk solids this season
Dairy co-operative Fonterra has confirmed it intends to shift 160 staff to its milk plant in Takanini, south Auckland
29th Oct 19, 1:57pm
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Dairy co-operative Fonterra has confirmed it intends to shift 160 staff to its milk plant in Takanini, south Auckland
Fonterra gives new milk price range for the season of $6.55-$7.55 per kilogram of milk solids; says it has been achieving 'good prices' for its milk so far
22nd Oct 19, 9:00am
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Fonterra gives new milk price range for the season of $6.55-$7.55 per kilogram of milk solids; says it has been achieving 'good prices' for its milk so far
Despite the fairly flat outcome in the latest GlobalDairyTrade auction, economists are increasingly optimistic of a strong milk price return for farmers this season
16th Oct 19, 12:51pm
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Despite the fairly flat outcome in the latest GlobalDairyTrade auction, economists are increasingly optimistic of a strong milk price return for farmers this season
Mercury's Chief Executive Fraser Whineray will join Fonterra in the newly created title of Chief Operating Officer from early next year
8th Oct 19, 9:12am
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Mercury's Chief Executive Fraser Whineray will join Fonterra in the newly created title of Chief Operating Officer from early next year
Fonterra is employing a back to basics strategy that will involve it getting rid of its overseas 'milk pools' over time; is targeting lower dividends in the immediate future and will not borrow to pay for these
26th Sep 19, 8:46am
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Fonterra is employing a back to basics strategy that will involve it getting rid of its overseas 'milk pools' over time; is targeting lower dividends in the immediate future and will not borrow to pay for these
Fonterra says it has $1 billion available for debt reduction after completing its latest asset sale
25th Sep 19, 8:47am
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Fonterra says it has $1 billion available for debt reduction after completing its latest asset sale
S&P Global Ratings sees Fonterra's flexibility over setting the milk price paid to farmers as giving the dairy co-operative a higher debt capacity
12th Sep 19, 1:53pm
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S&P Global Ratings sees Fonterra's flexibility over setting the milk price paid to farmers as giving the dairy co-operative a higher debt capacity