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Ann: MONTHLY: FCG: Global Dairy Update February 2015

    • Release Date: 11/02/15 09:48
    • Summary: MONTHLY: FCG: Global Dairy Update February 2015
    • Price Sensitive: No
    • Download Document  899B
    11/02/2015 09:48
    REL: 0948 HRS Fonterra Co-operative Group Limited
    MONTHLY: FCG: Global Dairy Update February 2015
    Fonterra Co-operative Group Limited has issued a market update.
    Fonterra milk collection
    - New Zealand 3% lower in January 2015 and 3% higher for the season to date
    - Australia unchanged in January 2015 and 6% higher for the season to date
    Business update
    - Global Operations and Ingredients (formerly NZMP) second quarter update
    - New Zealand forecast milk supply reduced for the 2014/15 season
    Global dairy market overview
    - Easing growth in global milk production and steady import growth in the
    Middle East, Africa and Asia
    Dairy commodity prices on 3 February 2015
    - Fonterra volume sold on GDT of 26,750 MT
    - GDT Price Index 9% higher than the previous event
    End CA:00260483 For:FCG    Type:MONTHLY    Time:2015-02-11 09:48:42

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