Global Dairy Update

The Global Dairy Update keeps our farmer shareholders, investors and stakeholders informed about the Co-operative. It provides a review of key business developments and information on Fonterra's activities around the world.

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FEBRUARY 2017 - IN THIS EDITION

Our Markets

  • European milk production decreased for the sixth consecutive month, volumes in New Zealand and Australia continued to be impacted by adverse weather conditions.
  • US exports continue to grow with a sixth consecutive month of positive growth. Recent export strength out of NZ and the EU appears to be softening.
  • Global import growth has softened but remains strong for the year.
  • Milk collections have shown signs of recovery, particularly in the North Island. Season forecast revised to 5% decline from previous 7%.

Our Performance

  • Fonterra hosts an Investor Day focussed on the Ingredients business unit.
  • 30 investors and research analysts heard more about Fonterra’s ability to create value across the Ingredients value chain.

Our Co-op

  • Young Chilean farmers to gain Kiwi experience.
  • Milk for Schools now reaching 70% of Kiwi children.