date:Sep 26, 2013
irments), said Spierings.
Fonterra previously provided guidance to the market about an increase to its Forecast Farmgate Milk Price for the 2014 season, and the likely impact on earnings for the current financial year.
The Co-operative announced that it has increased its Forecast Farmgate Milk Price for the 2014 season by 50 cents to $8.30 per kgMS. The increase along with an estimated dividend of 32 cents per share - amounts to a Forecast Cash Payout for 2014 of $8.62.
The record Forecast F