AgriHQ sees milk price almost 50c above breakeven
But Federated Farmers chairman says the new figure is “a bit optimistic.”
Jason Walls
Thu, 18 Aug 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
The NZX’s dairy market analysis arm is picking a farmgate milk price for the 2016/17 season almost 50c higher than average breakeven levels, following this week’s impressive GlobalDairyTrade (GDT) auction result .
AgriHQ is now picking milk prices to be $5.46/kgMS this season – an 82c lift on its
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Jason Walls
Thu, 18 Aug 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.