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Bad news for dairy farmers that's likely to have ramifications across rural New Zealand

Fonterra

3 April 2023

Bad news for dairy farmers that's likely to have ramifications across rural New Zealand

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As part of today's interim results, Fonterra confirmed an 800-million-dollar payout of 50 cents per share, subject to the sale of a business in Chile
	16 Mar 2023: As part of today's interim results, Fonterra confirmed an 800-million-dollar payout of 50 cents per share, subject to the sale of a business in Chile... more

Fonterra's share price has remained constant at about two-dollars-62, despite a stellar interim financial result
	16 Mar 2023: Fonterra's share price has remained constant at about two-dollars-62, despite a stellar interim financial result... more

Fonterra's new chief financial officer's trumpeting the co-op's interim results
	16 Mar 2023: Fonterra's new chief financial officer's trumpeting the co-op's interim results... more

Dairy prices have fallen a further 0.7 percent at the latest Global Dairy Trade auction overnight
	8 Mar 2023: Dairy prices have fallen a further 0.7 percent at the latest Global Dairy Trade auction overnight... more

Lower demand for whole milk powder in China has caused a flow on effect for kiwi dairy farmers
	24 Feb 2023: Lower demand for whole milk powder in China has caused a flow on effect for kiwi dairy farmers... more

Fonterra has reduced and narrowed its forecast Farmgate Milk Price, due to falling demand from China
	24 Feb 2023: Fonterra has reduced and narrowed its forecast Farmgate Milk Price, due to falling demand from China... more

Dairy prices have dropped 1.5 percent, at this morning's Global Dairy Trade auction
	22 Feb 2023: Dairy prices have dropped 1.5 percent, at this morning's Global Dairy Trade auction... more

Hopes the dairy season isn't over for farmers affected by the weather
	19 Feb 2023: Hopes the dairy season isn't over for farmers affected by the weather... more

Fonterra has lowered and narrowed its Farmgate Milk Price Range -- dropping the midpoint from 9-dollars-25 a kilo of milk solids, to nine
	8 Dec 2022: Fonterra has lowered and narrowed its Farmgate Milk Price Range -- dropping the midpoint from 9-dollars-25 a kilo of milk solids, to nine... more

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