Fonterra reduces forecast Farmgate Milk Price
date:Jul 31, 2014
important to note that in light of the significant volatility, our dividend estimate is based on zero ingredients stream returns at this early stage in the season.

We continued driving our V3 strategy throughout the previous season and that is why we can support an increased estimated dividend range for the 2014/15 financial year. Our forecasting anticipates some recovery in global dairy prices but it is too early to predict how strong this recovery will be or when it will kick in. We will prov
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