WMP
Dairy company Synlait says it is 'continuing to experience significant uncertainty' within its business; has 'proactively engaged' with bankers to increase leverage ratios on its covenants
29th Mar 21, 11:08am
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Dairy company Synlait says it is 'continuing to experience significant uncertainty' within its business; has 'proactively engaged' with bankers to increase leverage ratios on its covenants
Dairy co-operative Fonterra has improved 'normalised' profit by 43% and paid a dividend of 5c but says the second half of the year will be affected by the rising costs of dairy products
17th Mar 21, 9:02am
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Dairy co-operative Fonterra has improved 'normalised' profit by 43% and paid a dividend of 5c but says the second half of the year will be affected by the rising costs of dairy products
Fonterra farmers have given a resounding thumbs down to any suggestion of bringing outside shareholders into the dairy co-operative
15th Mar 21, 3:40pm
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Fonterra farmers have given a resounding thumbs down to any suggestion of bringing outside shareholders into the dairy co-operative
David Hargreaves hopes that Fonterra's excellent recent work to recover its position won't be blown off course by the pressure higher milk costs will put on its margins
5th Mar 21, 1:23pm
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David Hargreaves hopes that Fonterra's excellent recent work to recover its position won't be blown off course by the pressure higher milk costs will put on its margins
Westpac economists raise their farmgate milk price forecast to $7.90, while ANZ economists lift their pick to $7.70; both prices are well ahead of Fonterra's own forecast
3rd Mar 21, 12:49pm
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Westpac economists raise their farmgate milk price forecast to $7.90, while ANZ economists lift their pick to $7.70; both prices are well ahead of Fonterra's own forecast
One time glamour stock a2 Milk Company has seen its value more than halved in a little over six months and analysts believe the business has some way to go to get back on track
2nd Mar 21, 9:47am
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One time glamour stock a2 Milk Company has seen its value more than halved in a little over six months and analysts believe the business has some way to go to get back on track
Milk company a2 has downgraded its expected profits for the second time in two months after reporting a 35% drop in half-year earnings
25th Feb 21, 11:48am
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Milk company a2 has downgraded its expected profits for the second time in two months after reporting a 35% drop in half-year earnings
Fonterra boosts price it expects to pay farmers by 20c per kilogram of milk solids on the back of continued global dairy price increases
3rd Feb 21, 9:07am
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Fonterra boosts price it expects to pay farmers by 20c per kilogram of milk solids on the back of continued global dairy price increases
As part of its ongoing review of capital structure Fonterra's surveying its farmer shareholders - and one question dips its toe into the vexed issue of non-farmer investment in the co-operative
26th Jan 21, 3:16pm
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As part of its ongoing review of capital structure Fonterra's surveying its farmer shareholders - and one question dips its toe into the vexed issue of non-farmer investment in the co-operative
Fonterra may have to look at increasing its milk price forecast for farmers as global dairy prices continue to climb
20th Jan 21, 3:51pm
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Fonterra may have to look at increasing its milk price forecast for farmers as global dairy prices continue to climb
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
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
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
Sharemarket darling a2 Milk Company has increased its profits by 34% and is expressing confidence about prospects in the year ahead
19th Aug 20, 9:46am
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Sharemarket darling a2 Milk Company has increased its profits by 34% and is expressing confidence about prospects in the year ahead
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
A big surprise rise in dairy prices, driven by whole milk powder prices, affirms new season farm gate forecasts. But can they hold up at this new level?
8th Jul 20, 9:33am
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A big surprise rise in dairy prices, driven by whole milk powder prices, affirms new season farm gate forecasts. But can they hold up at this new level?
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
a2 Milk Company has upgraded its trading outlook for the full year and is now implying operating earnings could be up as much as 35%
22nd Apr 20, 9:52am
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a2 Milk Company has upgraded its trading outlook for the full year and is now implying operating earnings could be up as much as 35%
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
Roger J Kerr wonders if New Zealand's perceived agility will enable an earlier economic recovery for us
6th Apr 20, 8:16am
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Roger J Kerr wonders if New Zealand's perceived agility will enable an earlier economic recovery for us
Roger J Kerr says If the New Zealand economy can 'dodge a bullet', with relatively less negative economic impact than other economies, it is difficult to see the NZ dollar going down in value
30th Mar 20, 8:18am
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Roger J Kerr says If the New Zealand economy can 'dodge a bullet', with relatively less negative economic impact than other economies, it is difficult to see the NZ dollar going down in value
