Similarly cautious approach cited by dairy companies for new season forecasts.
Similarly cautious approach cited by dairy companies for new season forecasts.
Synlait’s opening forecast for the new dairy season is $8/kg MS.
It said it is taking a conservative approach at the beginning of the season, given the exposure to volatile future global dairy commodity prices.
The price matches Fonterra’s mid-point forecast announced on May 29. Synlait also maintains its forecast for the 2023-2024 season at $7.80/kg MS, it said in a statement on NZX.
“The company is forecasting to pay similar incentives for the 2023/2024 and 2024/2025 seasons,” it said.
The 2024/2025 season forecast will also be updated at the same time.
You can now read the most important #news on #eDairyNews #Whatsapp channels!!!
🇺🇸 eDairy News INGLÊS: https://whatsapp.com/channel/0029VaKsjzGDTkJyIN6hcP1K
Legal notice about Intellectual Property in digital contents. All information contained in these pages that is NOT owned by eDairy News and is NOT considered “public domain” by legal regulations, are registered trademarks of their respective owners and recognized by our company as such. The publication on the eDairy News website is made for the purpose of gathering information, respecting the rules contained in the Berne Convention for the Protection of Literary and Artistic Works; in Law 11.723 and other applicable rules. Any claim arising from the information contained in the eDairy News website shall be subject to the jurisdiction of the Ordinary Courts of the First Judicial District of the Province of Córdoba, Argentina, with seat in the City of Córdoba, excluding any other jurisdiction, including the Federal.
1.
2.
3.
4.
5.
eDairy News Spanish
eDairy News PORTUGUESE
The most visited dairy news website in the world.
