Displaying items by tag: forecast

FONTERRA HAS reduced its forecast farmgate milk price for the 2014/15 season from $7 to $6/kgMS and announced an estimated dividend range of 20-25 cents per share

PGG WRIGHTSON (PGW) is forecasting before tax earnings in the $56- $58 million range, slightly up on the guidance range indicated in February.

SYNLAIT HAS reduced its forecast net profit after tax by about $7.5 million in this financial year.

FONTERRA HAS announced a forecast opening farmgate milk price of $7k/gMS for the 2014/15 season.

SYNLAIT MILK has increased its forecast milk price for the 2014 season from $8kg/MS to a range of $8.30 to $8.40/kg/MS as the result of continuing high international commodity prices.

Continuing high international commodity prices have seen Synlait Milk increase its forecast milk price for the FY2014 season from $7kgMS to $8 kgMS.

Westland has lifted its 2013/14 forecast to $7.60-$8/kgMS before retentions- $1/kgMS more than the company's first forecast in May. The advance rate has also increased to $5/kgMS, payable September 20, 2013.

A new weather and environmental forecasting service launched at the Mystery Creek Fieldays provides farmers with tailored information about weather conditions on their farm.

While the 2012/13 season will be tough for farmers, Federated Farmers believes it is not as dire as some commentators say.

Westpac economists are forecasting global dairy and beef prices to rise on the back of drought in the US and elsewhere.