Displaying items by tag: forecast

Fonterra Co-operative Group Limited has reduced its milk volume forecast for the 2014-15 season to 1,532 million kgMS, reflecting the impact of dry weather on production in recent weeks.

Yesterday's Synlait Milk annual meeting delivered good news for members, with the company showing solid performance for the 2013 financial year.

THE COUNTRY’S second-largest dairy company Westland has cut its payout for the coming season and it’s expected Fonterra will make a similar call this month.

WESTLAND HAS reduced its forecast payout by 40c to $5-$5.40/kgMS.

THE ASB has revised its milk price forecast to $4.70/kgMS after prices in the GDT fell 3.1% overnight, with whole milk powder prices falling 5.1%

DESPITE A favourable winter and early spring, this season’s lower forecast milk price shows how quickly things can change. Farm budgets are vital, says DairyNZ economist Angie Fisher.

DAIRY FARMERS need to act now to avoid going backwards once the forecast payout starts to bite next year, says Justin Geddes, agribusiness principal at Crowe Horwath.

TATUA MEMBERS of Federated Farmers are welcoming an all time record payout by a New Zealand milk processor at $9 per kilogram of milk solids (kg/MS) for the 2013/14 season.

WESTLAND HAS announced a pay-out prediction of $6 to $6.40/kgMS before retentions for the 2014-15 season just started.

FONTERRA'S FORECAST for 2014/15 has fallen lower than expected, says Federated Farmers at $6/kgMS.