Displaying items by tag: milk price

THE ASB has held its milk price forecast at $5.80kg/MS for the 2014/15 season after a mixed bag in the overnight GDT auction.

THE LATEST decline in the benchmark GlobalDairyTrade (GDT) online auction continues a trend expected by Federated Farmers.

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

RABOBANK is predicting global dairy price will recover in six months.

THE COMMERCE Commission has released a paper outlining the proposed process and timeline for a review of Fonterra's base milk price calculation for the 2013/14 dairy season.

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

FONTERRA FARMERS will be offered two opportunities to lock in the price paid for a percentage of their milk in the 2014/15 season.

FONTERRA HAS lifted its forecast farmgate milk price for the 2013/14 season by 35 cents to a record level of $8.65 per kgMS.

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.

FONTERRA'S DEVIATION from the milk price manual will be looked at by the Commerce Commission this year.