date:Mar 29, 2013
nt said excellent spring and early summer growing conditions across most of the New Zealand led to strong growth in New Zealand dairy production and record volumes in the first half. But dry conditions and an ongoing drought in New Zealand, and ongoing difficulties in the Australian market mean Fonterra is not expecting its strong first half earnings to be repeated in the second half.
For the full year, we expect to see total milk volumes for the current season to be in line with last season, s