Farmgate milk price manual

We reviewed the milk price manual for the / season and published our final report on 15 December The manual is the specific methodology Fonterra uses to calculate its base milk price (also known as the farm gate price – the amount farmers receive for each kilogram of milk solids) for each dairy season. Since the financial year ended 31 July , the Farmgate Milk Price has been calculated in accordance with the Farmgate Milk Price Manual. The Farmgate Milk Price determines the amount paid for milk delivered to the farmgate by farmer shareholders. Farmgate Milk Price Manual. It is calculated in accordance with the Farmgate Milk Price Manual as follows. Both Fonterra’s Constitution and DIRA require Fonterra to maintain a Milk Price Manual, which sets out Fonterra’s policies and methodology for determining the Farmgate Milk Price. The Manual must reflect the Milk Price Principles set out in Fonterra’s Constitution. The Farmgate Milk Price has been calculated in accordance with the Manual since the start of the season. The Fonterra Board has .

Farmgate Milk Price per kgMS: Forecast cash payout (milk price plus dividend) Forecast payout (milk price plus earnings) Press releases: Forecast Update 3 December $ -$ N/A: Forecast earnings per share range: cents: Available here: Forecast Update 26 October $ - $ N/A: Forecast earnings per share range: The Farmgate Milk Price methodology has been reviewed by competition experts Compass Lexecon, as described in the media release International Experts Endorse Fonterra Milk Price Formula. Determining the revenue that Fonterra would earn if the equivalent of all the milk Fonterra collects was converted into commodity specifications of whole milk. We reviewed the milk price manual for the / season and published our final report on 15 December The manual is the specific methodology Fonterra uses to calculate its base milk price (also known as the farm gate price – the amount farmers receive for each kilogram of milk solids) for each dairy season.

Fonterra has set an opening milk price of $ per kg of milksolids for the forecast farmgate milk price derived under the Milk Price Manual was $ 17 thg 6, Fonterra announces the initial farmgate milk price when a dairy season an entire manual dedicated to how this is done, by the way). 1 thg 8, Fonterra has a Farmgate Milk Price for a number of reasons. It is the key indicator of the value of Milk at the farm gate for suppliers. The.