Fonterra assesses impact of big drop in milk production on future sales

Thu, 27 Oct 2016

By Fiona Rotherham Oct. 28 (BusinessDesk) - Fonterra Cooperative Group is assessing the impact of a big drop in milk production this month on its contract book and future production plans. In its latest global dairy update, the world's biggest dairy exporter said daily milk volumes across the central and upper North Island were down significantly in the early part of October due to the impact of wetter than normal spring weather and this has continued, particularly in the key dairying region of Waikato where daily milk volumes are down a...

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