9 March 2018

Fonterra Global Dairy Update: February 2018

  • In January, Fonterra New Zealand milk collection decreased 8% to 158 million kgMS and Fonterra Australia milk collection increased 32% to 14 million kgMS.
  • Continued strong import demand for dairy in China. Latin America and Asia imports decrease.
  • Exports from New Zealand, the US and Australia up for the month. Further growth in dairy exports from the EU.
  • New Zealand production impacted by difficult weather conditions. Production increases for Australia and the EU.