Fonterra slashes milk price forecast
Fonterra has cut its farmgate milk price forecast for 2018/19 to $6.00 to 6.30 kg of milk solids from a previous range of $6.25 to $6.50/kg, and has confirmed that its Tip Top ice cream business is up for sale.
Fonterra revises milk forecast down
Fonterra suppliers have been dealt a blow with the co-operative revising its 2018-19 forecast farm-gate milk price from $6.75 to a range of $6.25-$6.50.
Fonterra Australia announces forecast closing farmgate milk price
Fonterra Australia announces forecast closing farmgate milk price range of $5.50 to $6.20/KgMS for the 2018/19 season.
Fonterra's forecast $7 farmer payout one of the best this decade
Fonterra has announced an opening forecast price to its farmers of $7 per kilogram of milksolids for the 2018-19 season, and increased its 2017-18 forecast farmgate price by 20c cents to $6.75 per kgMS.
Milk outlook: Price forecast hits dairy farmer confidence
FORECASTS that the commodity value of milk next season could be down nearly $1 a kilogram on this season battered dairy farmer confidence last week.
By: SIMONE SMITH
Source: The Weekly Times
Link: https://www.weeklytimesnow.com.au/agribusiness/dairy/milk-outlook-price-forecast-hits-dairy-farmer-confidence/news-story/d56e6a199f17e4bf35ceee168e7809f5
Dry weather in New Zealand: Fonterra lowers milk production forecast
After a slow start to the current dairy season in Australia, milk production is gaining momentum and in the period July-November 2017 was 3.07% higher than in the same period of 2016.
By: CLAL Team
Source: CLAL
Link: https://news.clal.it/en/dry-weather-new-zealand-fonterra-lowers-milk-production-forecast/
Reduced dairy forecast price a 'huge blow' for Northland farmers
A drop in the forecast milk price that will slash $31.5 million from their earnings is the worst possible start to the festive season for Northland dairy farmers.
By: Imran Ali
Source: NZME
Link: http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11956044
Damages payout has no impact forecast farmgate milk price, Fonterra says
FONTERRA has had to pay $NZ183 million ($163.5 million) in recall costs suffered by French food giant Danone.
By:
Source: The Weekly Times
Link: http://www.weeklytimesnow.com.au/agribusiness/dairy/damages-payout-has-no-impact-forecast-farmgate-milk-price-fonterra-says/news-story/0fc6b57cb7ba333cc47c04af05f8362e
Analysts expect Fonterra to lower its forecast payout before Christmas
Santa may not bring what dairy farmers want this festive season, with most analysts expecting a drop in the Fonterra farmgate forecast payout before Christmas.
By: GERARD HUTCHING
Source: Stuff
Link: https://www.stuff.co.nz/business/farming/99185046/analysts-expect-fonterra-to-lower-its-forecast-payout-before-christmas
Farmgate milk price forecast: The pros and cons of looking ahead
THERE are differing views about the importance of an early forecast of a lower farmgate milk price next season.
By: SIMONE SMITH
Source: The Weekly Times
Link: http://www.weeklytimesnow.com.au/agribusiness/dairy/farmgate-milk-price-forecast-the-pros-and-cons-of-looking-ahead/news-story/70220d2bc67d4b7a6da2b11ab0003fe8