PGG Wrightson surprised analysts by producing a higher annual result after repeated upgrades from the company. With special feature audio.
The banks are indicating that cost cutting by dairy farmers is more sustainable than had been expected, says Forsyth Barr analyst James Bascand. With special feature audio.
Economists are holding their forecasts for Fonterra’s 2017 milk payout at well above the dairy giant’s own forecast. With special feature audio.
Fonterra has held its milk payout forecast steady at $4.25 a kilo of milk solids - but the dairy giant has changed the way it calculates the payout to effectively boost it by 4c to 5c.