date:Oct 24, 2013
Warrnambool CEO says that the increase has taken its weighted average milk price to $6.05 per kilogram of milk solids, and a revised forecast of the companys full year price range has risen to between $6.15 and $6.30 per kilogram milk solids.
The company sights continued stability in world dairy prices as the key driver for the step up, however the company also stressed that variable external factors such as market demand, supply growth, world dairy prices and exchange rates make longer term ou