Trading Event 145 will begin at 12:00 hours UTC/GMT on Tue 04 August 2015

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Fonterra NZ & AU Offer Quantities and Starting Prices

Skim Milk Powder (SMP) Shipment Months at Seller Ports
Contract 1 (Sep 15) Contract 2 (Oct 15) Contract 3 (Nov 15) Contract 4 (Dec 15) Contract 5 (Jan 16) Contract 6 (Feb 16)
Sales Group Maximum Supply (MT)
Skim Milk Powder (SMP NZ) 0 3,500 2,500 1,600 1,000 600
Skim Milk Powder (SMP AU) 100 250 150 100 0 0
Product Maximum Supply (MT)
Low Heat - NZ 0 1,500 1,500 1,600 1,000 600
Medium Heat - NZ 0 3,500 2,500 1,600 1,000 600
HH Heat Stable - NZ 0 0 2,500 1,600 1,000 600
UHT - NZ 0 3,500 2,500 1,600 1,000 600
Medium Heat - AU 100 250 150 100 0 0
Starting Prices (USD/MT, FAS)
Low Heat - NZ - $1,335 $1,360 $1,455 $1,515 $1,545
Medium Heat - NZ - $1,335 $1,360 $1,455 $1,515 $1,545
HH Heat Stable - NZ - - $1,410 $1,505 $1,565 $1,595
UHT - NZ - $1,385 $1,410 $1,505 $1,565 $1,595
Medium Heat - AU $1,370 $1,320 $1,320 $1,430 - -

Forecast Information - Fonterra

Forecast Offer Quantities (MT) - NZ
Trading Event TE 146 TE 147 TE 148 TE 149 Forecast Change on Previous Forecast
Date 18 Aug 01 Sep 15 Sep 06 Oct
Fonterra 12 Month
Contract 1 0 0 0 0 0 0
Contract 2 3,500 4,000 4,000 4,000 61,150 0
Contract 3 2,500 2,400 2,400 3,000 36,600 0
Contract 4 1,600 1,500 1,500 1,500 21,050 0
Contract 5 1,000 1,000 1,000 800 15,000 0
Contract 6 600 500 500 300 9,600 0
Totals 9,200 9,400 9,400 9,600 143,400 0
Forecast Offer Quantities (MT) - AU
Trading Event TE 146 TE 147 TE 148 TE 149 Forecast Change on Previous Forecast
Date 18 Aug 01 Sep 15 Sep 06 Oct
Fonterra 12 Month
Contract 1 100 100 100 100 2,400 0
Contract 2 250 250 250 250 6,000 -100
Contract 3 150 150 150 150 3,600 -100
Contract 4 100 100 100 100 2,535 0
Contract 5 0 0 0 0 0 0
Contract 6 0 0 0 0 0 0
Totals 600 600 600 600 14,535 -200
Download CSV

Monthly Quantities: Fonterra NZ & AU SMP

Forecast Actual Last 12 Months 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 www.nzxfutures.com website.