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23 Apr 2024 19:07
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  •   Home > News > Business

    Fonterra is still assessing whether rising global prices will push up its Farmgate Milk forecast

    Fonterra is still assessing whether rising global prices will push up its Farmgate Milk forecast


    Fonterra
    Fonterra
    Prices rose again overnight at the Global Dairy Trade auction -- with Whole Milk Powder up 3.4 percent, and overall prices up 4.2.

    The forecast farmgate price midpoint has sat on seven-dollars-50 since December.

    Chief Executive Miles Hurrell says it'll be reviewed in the next few days.

    He says they will also take a close look at their numbers when they release their interim results next month.

    © 2024 Newstalk ZB, NZCity

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     Today's News

    Entertainment:
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    Business:
    Ryman Healthcare CEO - Richard Umbers - has resigned, a month out from the firm's full year result 18:57

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    Entertainment:
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    Law and Order:
    The Independent Police Conduct Authority's found two officers used unjustified force moving youths off a South Auckland road in 2022 18:27

    Rugby League:
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    Entertainment:
    Kate Beckinsale can't bear to take down her Christmas trees as she decorated them with her late stepdad 18:03

    Rugby:
    Former New Zealand league, union and sevens representative Honey Hireme-Smiler believes there'll soon be women's athletes playing Super Rugby Aupiki and NRLW in the same year 17:37

    Entertainment:
    Dua Lipa feels "very close" to people living in war zones 17:33

    Auckland:
    Police have confirmed a child has died after a crash on a driveway in Waiuku, south of Auckland 17:27


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