Westpac raises forecast milk price to $5.30/kg
Analysts are forecasting farmgate milk prices to drop even further
Jason Walls talks about the 'brutal' dairy auction results on NBR Radio and on demand on MyNBR Radio.
Westpac economist Michael Gordon said his current forecast was for the milk price to end the 2015/16 season at $5.70 kg/MS.
Jamie Ball talks about Fonterra on NBR Radio and on demand on MyNBR Radio.