Fonterra's NZ milk collection lifts slightly in October as weather improves

Tue, 21 Nov 2017

By Rebecca Howard Nov. 21 (BusinessDesk) - Fonterra Cooperative Group's domestic milk collection lifted slightly in October as weather conditions improved toward the latter half of the month. Auckland-based Fonterra collected 208.8 million kilograms of milk solids in October, up 2.3 percent on the same month a year earlier, while the year-to-date collection increased 0.3 percent to 502.4 million kgMS. Widespread wet weather for most of spring hit volumes in the current season but turned around in late October, Fonterra said. Daily collect...

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