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Fonterra reduces milk price after trading halt

Fonterra has dropped its forecast payout to farmers and says it is unlikely to pay a final dividend because of pressure on its earnings' margins. The co-operative has lowered the farmgate milk price p... read more

Average farmer income falls $8000 as Fonterra cuts 2017-18 farmgate milk price

Fonterra has reduced last season's farmgate milk price, after placing shares in a trading halt yesterday. Dairy NZ economist Matt Newman said for farmers with the average milking herd size of 414, the ... read more

Fonterra cuts milk price, slashes dividend

After calling a trading halt on shares in the Fonterra Shareholders Fund yesterday ... “You never want to have to reduce the Milk Price at the season’s end, but it is the right thing to do and $6.70 r... read more

Fonterra cuts forecast 2017-18 farmgate milk price for NZ suppliers

FONTERRA has today reduced the forecast farmgate price it will pay its New Zealand farmer suppliers for last season’s milk, after entering a trading halt on both sides of the Tasman yesterday. A state... read more

Fonterra says farmgate milk price will be lower than forecast

Fonterra is reducing last season's farmgate milk price, after placing shares in a trading halt yesterday. The previously announced 25 cents to 30 cents guidance range has been held but the co-operativ... read more

Dollar tumbles to lowest point in more than two years

Next Story Fonterra reduces milk price after trading halt 1 2 3 4 YOU MAY LIKE Sponsored Links by Microsoft Microsoft Surface - The most productive devices on the planet Microsoft Store Take the work ... read more

Fonterra requests trading halt amid possible earnings downgrade

Accordingly, a trading halt has been requested to allow Fonterra to determine this and to make any required announcement to the market." In May, Fonterra lowered its earnings guidance as a result of r... read more

UPDATE 1-NZ's Fonterra reviews earnings guidance after trading halt

SYDNEY, Aug 9 (Reuters) - New Zealand’s Fonterra Co-operative Group Ltd , the world’s largest dairy exporter, on Thursday sparked concerns it could downgrade its earnings guidance after it requested a ... read more

Northland dairy farmers to lose nearly $5m in revised milk price

Federated Farmers Northland dairy chairman Ashley Cullen said, apart from a reduced forecast payout, of concern also was Fonterra's decision this week to halt trading on ... predicting the milk payout ... read more

Fonterra units fall to three-year low following downgraded forecast

Fonterra reduced last season's farmgate milk price to $6.70 per kilogram of milksolids from $6.75/kg, after placing shares in a trading halt yesterday. The downgrade will mean farmers owning an averag... read more

Fonterra cuts dividend to retain cash after Danone payment

"You never want to have to reduce the milk price at ... Monaghan said. Fonterra sought a trading halt in its listed securities yesterday to allow for a "variation" in earnings guidance. Monaghan chair... read more

Fonterra calls trading halt due to likely changed guidance

Fonterra has requested a trading halt after work on its annual financial ... to 15-20c a share due to global dairy prices having risen since the start of the season. At the same time it increased the ... read more