Review of Milk Price Calculation 2016/17 season

Under Section 150O of the Dairy Industry Restructuring Act 2001 (as amended July 2012) the Commission must review Fonterra’s calculation of the base milk price for each season and report on the extent to which it is consistent with the purpose set out in section 150A of the Act.

To assist the Commission’s review, Fonterra must provide (by 1 July each year) the assumptions adopted and the inputs and processes used by Fonterra in calculating the base milk price for the preceding season. Fonterra must also provide certification (including reasons) that the assumptions, inputs and processes are consistent with the purpose set out in section 150A of the Act.

The Commission is required to make its final report by 15 September each year.

Documents

Final report on Review of Fonterra’s 2016/17 Base Milk Price Calculation

15/09/2017 (1 documents)

Final report – Review of Fonterra's 2016/17 base milk price calculation – 15 September 2017 PDF (834 KB)
Published on 15 September 2017

Draft report on review of Fonterra’s 2016/17 base milk price calculation

15/08/2017 (2 documents)

Draft report – Review of Fonterras 2016/17 base milk price calculation – 15 August 2017 PDF (788 KB)
Published on 15 August 2017
Our approach to reviewing Fonterras Milk Price Manual and base milk price calculation – 15 August 2017 PDF (977 KB)
Published on 15 August 2017

Submissions on emerging views paper

15/08/2017 (2 documents)

Miraka – Submission on emerging views – 31 July 2017 PDF (192 KB)
Published on 15 August 2017
Open Country – Submission on emerging views – 31 July 2017 PDF (457 KB)
Published on 15 August 2017

Emerging views on asset beta

20/07/2017 (1 documents)

Commerce Commission – Emerging views on asset beta – 20 July 2017 PDF (451 KB)
Published on 20 July 2017

Practical feasibility and transparency

18/07/2017 (1 documents)

Commerce Commission – Concerns on practical feasibility and transparency – 19 July 2017 PDF (442 KB)
Published on 19 July 2017

Fonterra’s Reasons Paper on review of 2016/17 base milk price calculation

18/07/2017 (1 documents)

Fonterra – Reasons paper on review of 2016/17 base milk price calculation – 3 July 2017 PDF (1.2 MB)
Published on 19 July 2017