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Fonterra Reduces Milk Price After Trading Halt | AutoTraffic

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

Fonterra farmers get 20c price lift

South Canterbury's Fonterra farmers have got an early Christmas present from the dairy co-operative after it announced a 20cents/kg milk ... Prices had edged up in three of the last four fortnightly a... read more

Fonterra calls for a halt to having to accept all milk

Both Trading Among Farmers and the milk price regime introduced three years ... Under the three-year exception rule, Fonterra doesn’t have to supply raw milk to independent processors after 2016 if th... read more

Murray Goulburn slashes dairy prices for the coming season

Those hopes were shattered when Murray Goulburn entered a trading halt in ... the closing price for the 2015/16 season, because the season hasn't finished. Interim CEO David Mallinson told ABC Rural 3 ... read more

UPDATE 3-Fonterra to pay Danone lower than expected $125 mln over contamination scare

The ruling would not impact its farmgate milk price forecast, Fonterra added. The company’s shares climbed 0.63 percent after the trading halt was lifted. Analysts said investors had expected the payo... read more

Fonterra cuts milk payout

Fonterra's reduced forecast farm-gate milk payout will "come as a shock to farmers" facing ... Westpac had revised its forecast to $6 after prices continued to slide at the latest GlobalDairyTrade auc... read more

Fonterra units still causing confusion to investors

Fonterra's NZX-listed units are still causing confusion, two years after their ... The farmgate milk price is calculated using "reference" products - mostly wholemilk powder, skim milk power, and thei... read more

Fonterra pressed to provide details on Beingmate investment

FNZC values the Fonterra stake in Beingmate at approximately $420 million, down around 45 percent on its March 15 purchase price of around ... this month after the result and immediately following the... read more

China fines milk powder makers $110 million for price fixing

Fonterra is embroiled in a separate milk powder contamination scare that has led to product recalls in China, Hong Kong and elsewhere in Asia. The NDRC is one of China’s most powerful government bodie... read more
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