Fonterra's chairman has a good news / bad news story for farmer shareholders. The forecast farmgate milk price is up to $6.75 for the current season ($7 for the 2018/19 season) but the forecast dividend range for the year is down to a paltry 15-20 cents per share.
Chris Brandolino:
NIWA's principal weather scientist comments on Mother Nature's first shot in anger as winter approaches.
Rabobank's animal proteins analyst previews the bank's latest Beef Quarterly Report due out tomorrow, how the beef industry is being affected by M. bovis and why lamb is set to enjoy another season in the sun.
Dan Mathieson:
The Zespri CEO reflects on an excellent year 2017/18 season for the kiwifruit industry where volumes were down but prices were up significantly for growers. The average SunGold return per tray was $10.06 (2016/17: $8.64). The average per-tray return for Green was considerably stronger at $6.71 (2016/17: $4.36).
Andy Thompson:
We ask a former West Coast cow cocky if rumours are correct that Westland Milk Products is on the market?
