Fonterra Australia’s milk intake was up 3.6% YOY to 7M kg of milksolids in August.
What you need to know about the Fonterra financial result
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Fonterra Australia’s milk intake was up 3.6% YOY to 7M kg of milksolids in August.

According to the latest Global Update, the increase in milk collections reflected favourable conditions in northern and eastern Victorian regions supporting strong pasture growth and reducing reliance on conserved fodder.

Season to date collections were 12.5m kg of milksolids, +0.9% YOY compared to the prior year comparable.

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Synlait, a prominent player in the global dairy industry and majority-owned by China’s Bright Dairy, has revised its milk price forecasts to align with the mid-point of Fonterra’s predictions.

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