Banks up milk price forecast
Both ANZ and Westpac have increased their milk price forecast above Fonterra's own predicted $6/kgMS.
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Westpac and ANZ have charged ahead of Fonterra’s milk price forecast after yet another increase in dairy prices at this morning’s GlobalDairyTrade (GDT).
The banks have increased their forecasts to $6.20/kgMS and $6.25kgMS respectively, both above Fonterra’s $6/kgMS pick last month.
The banks
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Jason Walls
Wed, 07 Dec 2016
Wed, 07 Dec 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Banks up milk price forecast
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