10.
10.18
09:04

Fonterra again lowers Ab-Hoftor milk price

The Fonterra Group announced this morning that it needs to lower its price expectations for milk deliveries for the 2018/19 season due to higher global raw milk deliveries.
The world's largest milk exporter lowers its forecast for the Farmgate milk price - ie the price from farm gate - to 6.25 to 6.5 NZ $ per kgMS of 6.75 NZ $ per kgMS.
The raw milk supply is currently greater than the demand for dairy products, so the CEO Miles Hurrell as justification.
This is the third price cut in five months and global Dairy prices fell in four out of five trading sessions. Production in Europe, the USA and Argentina has been high so far this year.

Rückrufservice
Please describe your request so that we can prepare for the callback.
Yes, I have read the Privacy Policy note and I consent that the data provided by me, including the contact data, for the processing of the inquiry and in case of questions are electronically collected and stored. My data will only be used strictly for my request and will not be passed without my consent. This consent can be revoked any time with effect for the future.'
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.

Register now

Jetzt registrieren und ZMP Live+ 14 Tage kostenlos testen!
  • Dauerhaft kostenfrei
  • Keine Zahlungsinformationen erforderlich