September 30, 2018 / 11:55 PM / 2 months ago

CORRECTED-Fonterra's NZ milk production up 5 pct in August on favourable weather

(Corrects month in second paragraph to July from August)

Oct 1 (Reuters) - Milk producer Fonterra, said on Monday its New Zealand milk production rose 5 percent in August from a year earlier due to ideal weather conditions.

The company’s Australian milk production dipped 4 percent in July from to a year earlier on higher farm input costs and drought across parts of the country, Fonterra said in a statement. (Reporting by Devika Syamnath in Bengaluru Editing by Eric Meijer)

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