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View Full Version : Fonterra Cuts Milk Payout Forecast on Global Price Slump - Bloomberg



NewsWhore
05-21-2012, 08:30 PM
Fonterra Cuts Milk Payout Forecast on Global Price Slump (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFqiMRVNIGSpQXA3cVKSJkIvkV2yQ&url=http://www.bloomberg.com/news/2012-05-21/fonterra-cuts-milk-payout-forecast-on-global-price-slump-2-.html)
Bloomberg
The next season's forecast was 30 cents higher than Bank of New Zealand's expectation, currency strategist Mike Jones said in an e-mail. Fonterra kept its forecast for profit after tax in the year ending May 31, 2012, at 40 New Zealand cents to 50 ...

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