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Morningstar’s senior equities analyst Nachi Moghe says Fonterra's [NZX: FCG] mix of high commodity prices and a $157 million “write-off” for the first quarter of the 2014 financial year is a double-whammy for the co-operative.
As part of its November global dairy uptake, Fonterra yesterday
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Jamie Ball
Tue, 12 Nov 2013
Tue, 12 Nov 2013
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Will Fonterra margin pressure see retail milk prices rise?
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