Fonterra bumps up forecast farmgate payout to match global outlook
Fonterra's loans to farmers are now starting to be repaid.
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Some strengthening in global dairy market prices has led to Fonterra lifting its forecast farmgate milk price by 25c per kilogram of milk solids for the upcoming 2018 season to $6.75 per kg/MS.
The dairy co-operative has also forecast an earnings per share range of 45-55c in line with the
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Fiona Rotherham
Thu, 27 Jul 2017
Thu, 27 Jul 2017
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Fonterra bumps up forecast farmgate payout to match global outlook
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