Fonterra's NZ milk collection in season to date rises 10.4%, Australian collection up 28%

Mon, 28 Aug 2017

By Jonathan Underhill Aug. 28 (BusinessDesk) - Fonterra Cooperative Group says its New Zealand milk collection in the first two months of the season is up 10.4 percent, although it has eased as incentives to boost winter production finish. The company collected 29 million kilograms of milk solids in New Zealand in June and July, up from 26.2 million kg/MS in the same period last year. North Island collection rose 9.6 percent to 24.8 million kg/MS and in the South Island, it rose about 16 percent to 4.2 million kg/MS. Fonterra said a sm...

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