Fonterra boosts guidance amid strong milk price outlook
Co-op reports solid demand and highest third-quarter shipment volumes in a decade.
Fonterra said milk collections were up 4% year to date.
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Co-operative milk processor Fonterra has firmed its milk price forecast of $9.70 a kg of milk solids for the current season – the second highest in its history – and issued an opening forecast for 2027 of $9.75.
The announcement came as Fonterra reported third-quarter results featuring an
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