Trading Event 197 will begin at 12:00 hours UTC/GMT on Tue 03 October 2017

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Forecast Information - Fonterra NZ

Publication of Pre GDT Auction Data is Delayed

Forecast Offer Quantities (MT)
Trading Event TE 197 TE 198 TE 199 TE 200 Forecast Change on Previous Forecast
Date 03 Oct 17 Oct 07 Nov 21 Nov
Fonterra NZ 12 Month
Contract 1 2,500 2,500 1,750 1,750 34,700 860
Contract 2 9,730 9,030 7,900 7,900 132,830 940
Contract 3 4,200 4,200 4,800 4,800 86,050 -3,075
Contract 4 3,250 3,250 3,300 3,300 61,540 600
Contract 5 1,300 1,300 1,500 1,500 37,520 675
Contract 6 0 0 0 0 0 0
Totals 20,980 20,280 19,250 19,250 352,640 0

Monthly Quantities: Fonterra NZ WMP

Forecast-legend-box Forecast Apy-legend-box Actual Last 12 Months Atyp-legend-box Actual Two Years Prior

Source: Fonterra

Note: Fonterra has ceased to provide forecast shipment quantities as part of its forecast information

Explanatory Notes

The Starting Prices for the first round of the trading event are set by the sellers.

The Sales Group Maximum Supply shows the maximum quantity of product available for each seller and each contract period (which may be supplied as any combination of the Products listed).

The Product Maximum Supply shows the maximum quantity available for each Product (i.e. product specification) in a Sales Group for each contract period. The Product maximums are determined by the availability of milk and the types of manufacturing facilities available, both of which vary month to month.

Actual sales will depend on which products are demanded most by customers during the Trading Event. The total quantity sold across all products in a Sales Group cannot exceed the Sales Group Maximum Supply.

Fonterra Disclaimer on Forecast Information

The above forecasts provided by Fonterra Co-operative Group Limited or its affiliates (together “Fonterra”) are indicative, have not been independently verified and are subject to considerable uncertainty. The information presented or contained is subject to change from trading event to trading event and may only be considered current as at the date published. No representations or warranties, express or implied, are made as to, and no reliance should be placed on the accuracy, fairness, completeness or correctness of the information. Factors which may cause Fonterra to change its forecast include unexpected variations in the volume of milk received by Fonterra (for example, due to climate events affecting milk production); availability of manufacturing assets and by Fonterra decisions regarding the mix of products to be manufactured from the available milk. Fonterra varies its product mix on a frequent basis in response to changes in the relative prices of various products, committed or expected contractual commitments for non-GlobalDairyTrade products, and manufacturing plant availability. The same factors may lead Fonterra to specify an actual offer quantity for a trading event that differs from the most recent forecast.

This information is provided subject to the Terms of Use for the website.