Posts Tagged ‘Foreign exchange’

Fonterra’s disappointing performance

March 31, 2015

Fonterra’s interim result announcement contains confirmation of the farmgate milk price forecast of $4.70, but a reduction in the added value dividend. (more…)

Schedule setting process as much art as science

March 27, 2012

The weekly schedule setting process is a hallowed meat industry tradition which determines what farmers will receive for their livestock during the week beginning with the Sunday evening phone calls from buyers. (more…)

Sensible forex policy critical to profitability

May 26, 2010

There has been a bit of comment recently about meat companies failing to take advantage of the high dollar for foreign exchange gains, as though it’s a guaranteed route to increasing profits which would of course be reflected in livestock payments. If only it were that simple! (more…)