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Fonterra announces lift in Farmgate Milk Price and FY25 earnings guidance - Australian Manufacturing

Summary by Australian Manufacturing
Fonterra Co-operative Group Ltd has revealed a 50 cent increase in its 2024/25 forecast Farmgate Milk Price midpoint, now sitting at $9.00 per kgMS.

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Fonterra announces lift in Farmgate Milk Price and FY25 earnings guidance - Australian Manufacturing

Fonterra Co-operative Group Ltd has revealed a 50 cent increase in its 2024/25 forecast Farmgate Milk Price midpoint, now sitting at $9.00 per kgMS.

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foodmag.com.aufoodmag.com.au

Fonterra reveals lift in farmgate milk price - Food & Beverage Industry News

Image: JHVEPhoto/stock.adobe.comFonterra has announced a 50 cent lift in its 2024/25 forecast farmgate milk price midpoint to $9.00 per kgMS. The company also announced FY25 earnings guidance of 40-60 cents per share.  CEO Miles Hurrell says the lift in this season’s forecast Farmgate Milk Price follows further recent strengthening in Global Dairy Trade prices and constrained milk supply in key producing regions.  “I’m pleased to be announcing a…

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