Fonterra Shareholders' Fund (NS)

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About Fonterra Shareholders' Fund (NS)

Fonterra is the largest processor of milk and the largest dairy exporter globally. It is also a leader in consumer branded dairy products in Australia, New Zealand, Chile, and selected Asian markets. It is co-operative owned by ~10,500 NZ dairy farmers who currently supply ~75% of its milk intake. The co-op has undertaken significant capital expenditure in recent years to try and remove volatility associated with its ingredients business, as well as increase volume of foodservice/consumer products. Trading Among Farmers allows external investors to invest in NZX and ASX listed units that mirror farmer shares.

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08:17 February 26th 2018 NZDT

6.11 0.0%

6.10 Buy

6.11 Sell

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