A2M 13.3% $5.45 the a2 milk company limited

Media Updates, page-1457

  1. 226 Posts.
    lightbulb Created with Sketch. 36
    Agribusiness article today in The Weekly Times on a small dairy farm family in Yarram, South Gippsland, with 80 milkers but ambitions to expand to 120. Interview mentions that they are converting herd to A2A2 for Fonterra - the higher milk price being the motivation to go all A2A2 - and, at least for them, it doesn’t seem to be that big of a hassle to convert.

    This mention of their conversion could be seen as evidence of farmers taking to the February Fonterra/A2M deal - which, as the milk pools grow, they say will allow a2m to move toward new products and supplying new markets across South East Asia and the Middle East, as announced.

    “Larissa’s breeding and replacements program has enabled a rapid move to A2A2 status, with the first test revealing that 82 per cent of the herd qualified instantly.“We only need to remove eight to 10 cows from the herd to become fully A2,” Larissa said. “Fonterra announced it will soon offer a higher milk price for A2 milk, which will be useful.”

    Link seems to be behind a paywall but here it is for the record.
    https://www.weeklytimesnow.com.au/agribusiness/on-farm/yarram-dairy-couple-make-family-farm-work/news-story/280d6f59523190f29d7b5f9d3c065bc8
 
watchlist Created with Sketch. Add A2M (ASX) to my watchlist
(20min delay)
Last
$5.45
Change
0.640(13.3%)
Mkt cap ! $3.808B
Open High Low Value Volume
$5.59 $5.72 $5.38 $59.39M 10.71M

Buyers (Bids)

No. Vol. Price($)
7 50150 $5.44
 

Sellers (Offers)

Price($) Vol. No.
$5.45 77730 4
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
A2M (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.