Some Fonterra headlines crossing the wires ... Bloomberg with the headlines:

  • Sees demand pick up when inventories wane
  • Will take several months to deplete inventories

Comments from an interview with Fonterra's Managing Director Global Ingredients, Kevin Wickham in New Zealand's 'Rural News'

Article is here

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Not much of an NZ dollar response, but ticking a little higher ... barely a few points in it though.