Fonterra's NZ November milk collection only slightly higher as dry weather takes toll

Wed, 20 Dec 2017

By Rebecca Howard Dec. 21 (BusinessDesk) - Fonterra Cooperative Group's domestic milk collection was only slightly higher in November despite weak numbers a year ago as the recent dry weather takes a toll. Auckland-based Fonterra collected 199.1 million kilograms of milk solids in November, up 3 percent on the same month a year earlier, while the year-to-date collection increased 1 percent to 702 million kgMS. It noted that collections in November last year were already well down on more usual levels and "recent dry weather across the co...

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