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- Fonterra NZ October 2016 Milk Collections DOWN 8.3% year-over-year, DOWN 5.2%season-to-date (Aug-Oct).
- Ingredient sales strong despite unprecedented decrease in milk collection. Strong performance and continued volume growth in consumer and foodservice.
- Our forecast Farmgate Milk Price increased to $6.00 per kgMS. Forecast earnings is maintained at 50-60 cents per share with emerging headwinds. Click Here to view the report