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Home / The Country

Listen: John Wilson on Fonterra's annual results

The Country
25 Sep, 2017 01:24 AMQuick Read

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Fonterra Chairman John Wilson addresses the media during Fonterra's annual results announcement. Photo / Dean Purcell.

Fonterra Chairman John Wilson addresses the media during Fonterra's annual results announcement. Photo / Dean Purcell.

Fonterra Chairman John Wilson spoke to The Country today about the dairy co-op's annual results.

Fonterra's 2017 Annual Results sees the 2016/17 season Total Cash Payout finish at $6-52 (up 52% on last season) and the Forecast Farmgate Milk Price for the 2017/18 season remain at $6-75 per kgMS.

Wilson says this is a "very good result" for the year and that it's "easy to forget" the $4.50 forecast total payout this time last year and the previous two seasons' milk prices of $4-40 and $3-90 respectively. .

Listen to the full interview in the Soundcloud embed below:

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