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Fonterra predicts volatile year ahead despite stellar China and consumer products performances

New Zealand dairy giant Fonterra has predicted a volatile year ahead despite stellar performances from its China business and consumer product portfolios in the first half of the year, especially with milk prices expected to rise in the next few months.

What happened Wednesday

A review of things you need to know before you sign off on Wednesday; dairy prices rise, filled jobs rise but labour force rises faster, another huge syndicated bond success, swaps firm, NZD weak, & more

Milk prices breach 40p/litre but higher costs hit producers

Thousands of dairy producers will see a return of 40p/litre for milk this spring after a number of milk processors announced price holds and/or increases

Dairy Trends: GDT increases by 2 8% but volumes sold are back

Dairy Trends: GDT increases by 2.8% but volumes sold are back - 03 April 2024

GDT price index records increase at latest event

The GDT price index has risen by 2.8% at the latest trading event held today, which is the first increase since February 2024.

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