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Fonterra updates Farmgate Milk Price, FY23 earnings guidance, and brings forward capital return payment date

Fonterra has announced an opening 2023/24 season forecast Farmgate Milk Price of $7.25 to $8.75 per kgMS, with a midpoint of $8.00 per kgMS, updated its current season forecast Farmgate Milk Price, increased its full year earnings guidance, and brought forward the payment date of its proposed capital return.  CEO Miles Hurrell says while the forecast Farmgate Milk Price for this season has been impacted by reduced demand, the Co-op remains on track for a strong full year dividend.&#. ....

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Fonterra issues $8.00/kg milk price for 2024, lifts Q3 profit

Fonterra has revised its milk price forecast for 2023 and set a modest forecast for 2024. ....

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Ananda Cinema Hall empty despite 'Pathaan' running

However, there are no audiences in the cinema hall, that is situated at the heart of the Farmgate area. It has been observed that among the DC section’s 540 seats, only 15 viewers came to see the 12 pm screening of “Pathaan”. Apart from that, among 570 seats of general section, only 20 to 25 people came in to watch the film today. ....

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