Debate over a new capital structure at Fonterra has
strengthened the co-operative at a time when competitors have
eroded its market share to less than 90% of New Zealand's
milk production, says the dairy giant's watchdog.
Fonterra Co-operative Group Ltd has firmed up projections for
a bonanza payout for the current dairy season of
$7/kg-$7.10/kg -- representing a $9 billion boost to the
economy -- with an unchanged forecast milk price of $6.60/kg.