iPredict traders think the Trading Among Farmers proposal will be approved by Fonterra shareholders without any changes.
The giant dairy co-operative's board will present the proposal this week.
Early trading suggests there is a 65% chance of approval of the scheme, which would allow farmers to trade shares among themselves instead of with Fonterra.
Traders are also giving Colin Armer - Fonterra's supplier relations committee chairman - a 45% chance of taking over from Sir Henry van der Heyden as board chairman later this year.
Other iPredict stocks forecast a 53% chance Fonterra's final payout of milk-solids before retentions for 2011-12 will be more than $6.50, with a 26% chance it will be over $6.56.
Fonterra has forecast a payout of $6.45-$6.55 for 2011-12.
This article is tagged with the following keywords. Find out more about MyNBR Tags
- Auckland leisure centres axe unhealthy drinks from vending machines
- Trustpower loses Supreme Court tax dispute
- Trump’s close financial & political ties with Russia will ultimately hurt him, security expert says
- Sir Peter Leitch's message to Mad Butcher stores: 'Look in the mirror'
- Pushpay director says why he bought $1.8m worth of shares
Most listened to
- InternetNZ boss's two problems with TPP legislation
- Responsible Investment Association Australasia CEO Simon O’Connor on why responsible investment is here to stay
- Security expert Paul Buchanan on why Trump's glee over the Russian DNC hack could backfire
- Forty years of punitive drug prohibition has failed ‘by any measure’, says Ross Bell – so let’s decriminalise the lot
- With MediaWorks reportedly closing in on a CEO candidate, NBR’s Nick Grant opines on what the role requires