Fonterra milk collection drops 10% in first month of 2017 season

Wed, 13 Jul 2016

By Paul McBeth July 14 (BusinessDesk) - Fonterra Cooperative Group's New Zealand milk collection dropped 10 percent in the first month of the 2017 season, a period when production is typically at a low. The Auckland-based dairy cooperative collected 9.9 million kilograms of milk solids in June, down from 11.1 million kgMS in the same month a year earlier, Fonterra said in its monthly Global Dairy Update. North Island collection fell 6 percent to 7.6 million kgMS while the South Island dropped 22 percent to 2.3 million kgMS. "The chan...

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