Shareholder's are expected to support tomorrow's vote on the third stage of Fonterra's capital restructuring and allow the trading of shares between shareholders.
There is no Plan B should Fonterra shareholders next Wednesday reject the third and final stage of the co-operative's capital restruct-uring package, to allow farmers to trade shares among themselves.
Fonterra's global DairyTrade online global auctions are to double in frequency to twice a month from September.
Fonterra will from September double the frequency of its global DairyTrade internet auction to twice a month while also expanding the range of products offered.
Fonterra shareholders could be suffering from capital restructuring fatigue, co-operative chairman Sir Henry van der Heyden says.
Milk powder prices eased by up to 6.2% at Fonterra's latest GlobalDairyTrade internet auction held yesterday, the second consecutive monthly decline.
Fonterra shareholders will vote later this month on a proposal to allow them to trade shares among themselves
A litre of milk could cost consumers as much as 20c more on the back of news Fonterra expects to pay its suppliers more for their milk next season.
Fonterra says its 10,500 farmers may get a payout of over $8/kg milksolids next season, adding an average payout of nearly a million dollars per farmer.
Fonterra is expected today to announce a forecast milk price for next season of about $6.10 a kg of milk solids, similar to the final payout expected for the season just ending.
Fonterra says it expects its organic business - selling the milk from 20,000 cows certified as organic livestock - to surge by 140 percent over the next five years on the back of burgeoning global demand for organic dairy ingredients.
Misunderstood by many in the West, the Middle East is proving a lucrative and growing dairy market for Fonterra. Agribusiness editor Neal Wallace reports that brands such as Anchor, Anlene and Anmum are leading that growth.
Whole milk powder prices fell 1.2% at Fonterra's monthly global dairy trade internet auction held yesterday.
New Zealand dairy farmers must shore up their businesses against likely future volatility in returns, says Fonterra chairman Sir Henry van der Heyden.
Fonterra has set up a dairy price index to measure price movements at its global dairy trade auctions online.
The war-torn countries of Iraq and Somalia are proving to be some of Fonterra's fastest growing dairy markets.
Fonterra has taken ownership of its first Middle East dairy factory, in a move the company says will allow it to serve a potential market of nearly $13 billion in Asia, the Middle East and Africa, while also signalling a subtle change in its strategy.
Farmers who have complained independent processors have been getting "cheap" raw milk from Fonterra today hailed the Government's law changes to boost the prices charged for the milk.
Fonterra is increasing the forecast milk price payout for the current season by 40c to $6.10 per kilogram of milk solids, and says farmers are set to receive a similar amount next season.