#Fonterrra investors told: sell

An analyst is recommending investors to sell units in the Fonterra Shareholders Fund because of the lack of visibility in short-term earnings highlighted in the dairy giant’s first-half results.

#Dairy markets: Last week in review

Class III futures finished the week on a soft note, but the market behavior surprised many participants who were expecting a major downside correction at the first sign of spot cheese weakness. The 2Q 2014 pack pulled back 7¢ over the past week to close at $21.98/cwt., while the 2H 2014 pack gave back 18¢, […]

New Zealand’s #Dairy-Led FX Rally Could Sour

New Zealand has become a market darling as China’s soaring demand for milk propels New Zealand’s exports and economy. Exports jumped 17% year-on-year in February, helping to push the New Zealand dollar to its highest level since August 2011.