Fonterra’s head of cooperative affairs reviews another positive GDT auction; up 0.8%. WMP +1.5%, SMP +2.2%, AMF -1.2%, Butter -1.7%, and Cheese +2.9%. Plus, today Fonterra announced a further $150m investment earmarked for a new cool store at its Whareroa site in Taranaki, following recent investments in Edendale ($150m) and Studholme ($75m). All up -  $375m.

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