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Fonterra units slide 10pc after coming off trading halt
Fonterra units resumed trading this morning.
Fonterra units resumed trading this morning.
Prospect of share price fall in a farmer-only market will challenge reform plan.
Fonterra's units could be on the way out if the co-ops proposals are adopted.
Proposals expected to address milk supply loss and high cost of entry.
Prices were mostly steady at today's GDT auction, reinforcing high milk price forecasts.
Fonterra has gone into an NZX trading halt.
Dairy prices were steady at this morning's GDT auction.
Mayor Phil Nixon sees a bright future for South Taranaki.
Soprole overcame difficulties imposed by a weak economy and Covid-19.
If Fonterra's owners want to cut their capital exposure, the co-op might have to shrink.
S&P Global says strong demand is pushing up the cost of raw milk in China.
Fonterra needs to explore all, and new, pathways to capital.
High milk prices will make for a challenging second half for the co-op.
The co-op also said it would pay a 5c interim dividend.
Chinese created 150,000 online greetings posters using Anchor designs.
Will today's historically high milk prices prompt overproduction and a price slump?
Fonterra has lifted its milk price forecast to a $7.60/kg mid point.
Forecasts up to 40 cents above Fonterra's current forecast range.
Move follows the sixth positive Global Dairy Trade (GDT) auction result in a row.
A similar fault occurred in 2008 when 110,000 litres were accidentally discharged.
About 640 schools will start getting free school lunches, but 1300 have lost free milk.
Watch this space says Fonterra on debut into adult mental wellbeing support.
Westpac has lifted its farmgate milk price forecast by 50 cents.
Economists expect milk prices to hit the top end of Fonterra's forecast range this season.
We all played our part to stop the spread of Covid-19. These are our stories.
Fonterra is concerned by the West's worsening relations with China.
Fonterra's new chairman "challenges everything".
Fonterra shareholders' guardian says blurred role helped sour relationship with farmers.
The report of a review of the $3 million a year Fonterra Shareholders' Council is in.
Fonterra to hold the line on governors' pay this year.