The GDT Price Index, a weighted average of percentage changes in dairy commodity prices on the platform, increased 9.9 %. (dairyreporter.com)
The milk price rise reflects a 16 cents step - up per kilogram of butterfat and a 40 cents step - up per kilogram of protein for Fonterra's Tasmanian and Victorian suppliers, and reflects the strength of global dairy commodity prices amid rampant Asian demand and limited supply. (afr.com)
Revenue totalled $ 263.6 m (A$ 366.8 m) in 1H FY2016, down 1.5 % from 1H 2015, with weak dairy commodity prices for bulk cheddar cheese and whey powder adversely impacting sales revenue. (dairyreporter.com)