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Paul Grave

NZFSU says partial acceptance of Olam offer an option

NZFSU says partial acceptance of Olam offer an option
Wellington, Sept 3 NZPA - New Zealand Farming Systems Uruguay (NZFSU) said its board recommendation to shareholders is that they accept the raised offer from Olam International for at least part of their shareholding.

Dairy prices bounce back at Fonterra auction

Dairy prices bounce back at Fonterra auction
Wellington, Sept 2 NZPA - Dairy commodity prices jumped nearly 17 percent overnight at Fonterra's online auction, with the average selling price for all contracts, across all product lines, rising to $US3562 a tonne.

Dairy price rebound at online auction

Dairy price rebound at online auction
Wellington, Sept 2 NZPA - Dairy prices rebounded at Fonterra's latest online dairy product auction overnight, after falling for four consecutive months.

Dairy index drop shows Oceania weakness - economist

Wellington, July 7 NZPA - Today's 13.7 percent drop in the index for Fonterra's internet auctions has shown some weakness in Oceania dairy commodity prices, a bank economist said today.

Dairy prices fall at latest auction

Dairy prices fall at latest auction
Wellington, July 7 NZPA - Average prices fell for the third month in a row at Fonterra's latest online dairy product auction overnight.

Fonterra warns farmers of continuing volatility

Fonterra warns farmers of continuing volatility
Wellington, May 5 NZPA - New Zealand dairy farmers must shore up their businesses against likely future volatility in returns, says Fonterra chairman Sir Henry van der Heyden.

Whole milk powder prices waver

Whole milk powder prices waver
Wellington, May 5 NZPA - The overall average price for whole milk powder (WMP) through to January next year dropped 1.2 percent in Fonterra's latest internet auction today, compared with last month's prices.

Fonterra launches global dairy price index

Fonterra launches global dairy price index
Wellington, May 4 NZPA - Fonterra has set up a dairy price index to measure price movements at its global dairy trade auctions online.

Dairy prices surge in online auction

Dairy prices surge in online auction
Wellington, April 7 NZPA - The price for whole milk powder (WMP) surged 21 percent from March at Fonterra's monthly internet-based auction overnight. The average price for WMP on the globalDairyTrade sales platform rose to $US3969 per tonne.

Whole Milk Powder Price Edges Up

Whole Milk Powder Price Edges Up
Wellington, March 3 NZPA - The price for whole milk powder (WMP) edged up 0.8 percent at Fonterra's monthly internet-based auction overnight. The average price for WMP on the globalDairyTrade sales platform rose $US25 ($NZ35.90) per tonne to $US3281 per tonne.