Fonterra raises 2025/26 farmgate milk price range and signals special dividend tied to Mainland sale
New Zealand cooperative Fonterra increased its 2025/2026 farmgate milk price range to NZ$9.20-NZ$9.80 per kgMS, citing firmer global commodity prices and a strong sales pipeline. The company also said it intends to distribute a special dividend funded by Mainland Group's fiscal 2026 underlying earnings following the planned sale of its consumer bus…