Tag: farmgate milk price
Fonterra announces lift in Farmgate Milk Price and FY25 earnings guidance
Fonterra Co-operative Group Ltd has revealed a 50 cent increase in its 2024/25 forecast Farmgate Milk Price midpoint, now sitting at $9.00 per kgMS.
Fonterra shifts strategic focus, considers divestment options for consumer businesses
Fonterra Co-operative Group Ltd announced a significant shift in its strategic direction, aiming to deepen its position as a provider of high-value dairy ingredients.
Fonterra reports strong interim results for FY24
New Zealand dairy giant Fonterra has unveiled robust interim results for FY24, marked by a significant rise in profits and an enhanced dividend payout.
Fonterra reports strong earnings amid challenges in FY23
New Zealand dairy giant Fonterra announced its financial results for the fiscal year ending on 31 July 2023, with full-year earnings of 95 cents per share, with a profit after tax of $1.6 billion and a final Farmgate Milk Price of $8.22 per kgMS for the 2022/23 season.
Murray Goulburn confirms sale of Kiewa Country Milk brand
In a statement issued yesterday, Murray Goulburn confirmed the sale of its Kiewa Country Milk brand to a “local business”.
“MG is pleased to announce...
Dairy industry and Government convene to discuss milk price cut
The Andrews Labor Government has set up a meeting with Victoria’s dairy industry leaders to discuss Murray Goulburn’s shock decision to cut its farmgate...
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Building resilience as manufacturing requirements become more complex
The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.
