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Today we announced a 50 cent increase in the forecast Farmgate Milk Price midpoint for the 2024/25 season, alongside an uplift to the FY25 Advance Rate Schedule, and advised our FY24 earnings are forecast to be at the top end of the announced range of 60-70 cents per share.     “Since announcing our opening FY25 season forecast Farmgate Milk Price in May, GDT prices have improved. We’ve reflected this in our revised forecast range, with our midpoint lifting 50 cents to $8.50 per kgMS.” – Miles Hurrell, Fonterra CEO.   Read more in the link below:

Fonterra FY25 forecast Farmgate Milk Price strengthens, FY24 earnings guidance updated

Fonterra FY25 forecast Farmgate Milk Price strengthens, FY24 earnings guidance updated

fonterra.com

Stephen Hazell

Northern Region Sample Courier

2mo

Thats great news

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Lashan Sampath

Undergraduater - BSc(Hons) Animal production and food technology / Co-Director of Public Relations and Digital Services Avenue /Rotaract Club of Uva Wellassa University of Sri Lanka /Rotaractor

2mo

Fantastic update!

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