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Fonterra keeps forecast milk payout unchanged for 2014/15

FXStreet (Bali) - Fonterra headlines are currently hitting the wires, keeping farm milk gate forecast at nz$6 per kg for 2014/15.

Key headlines (courtesy of Reuters)

NZ's fontera says expects global milk prices to improve later this year, demand to keep growing

NZ's fonterra says invests nz$555 mln in processing capacity

NZ's fonterra says joins beingmate in infant formula partnership

NZ's fonterra says keeps farm milk gate forecast at nz$6 per kg for 2014/15

NZ's fonterra says to take up to 20 pct stake in china's beingmate

NZ's fonterra says beingmate to sell fonterra's anmum formula brand in china

EUR/CAD dropping here is significant

EUR/CAD is trading at 1.4389, down -0.22% on the day, having posted a daily high at 1.4430 and low at 1.4382.
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