Fonterra 1H Profit Jumps 123%

Fonterra 1H Profit Jumps 123%

Assessment

Interactive Video

Business

University

Hard

Created by

Wayground Content

FREE Resource

The video discusses Fonterra's financial strategy amidst low milk prices, highlighting the impact on farmers and the company's dividend adjustments to support them. It also covers a legal case where Jeremy Kerr was sentenced for threatening to poison Fonterra products, which posed a significant threat to New Zealand's trade relations.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the impact of cheap milk prices on Fonterra's value-added products?

It reduces the demand for cheese.

It leads to higher farm gate prices.

It allows for cheaper import prices.

It increases the cost of production.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the break-even price for New Zealand farmers mentioned in the video?

$6.00

$5.30

$4.50

$3.90

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is Fonterra supporting farmers during the period of weak milk prices?

By reducing production costs.

By increasing milk prices.

By advancing dividend payments.

By importing more cheese.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage increase in Fonterra's net profit after tax?

123%

100%

150%

200%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the motive behind Jeremy Kerr's threat to contaminate Fonterra's products?

He wanted to increase Fonterra's market share.

He aimed to disrupt New Zealand's trade relations.

He owned a rival pest control product.

He was protesting against the use of 1080 poison.