23 Aug 2013

Record sales and revenues recorded at dairy auctions

12:47 pm on 23 August 2013

Fonterra says it achieved record sales and revenues during its two global dairy trade auctions this month, both of which occurred after the botulism crisis which hit the company.

Fonterra said it achieved its highest-ever monthly revenue through the auctions, selling nearly 110,000 metric tonnes, worth $685 million.

It said this shows there market continues to have confidence in its products.