ANZ raises milk price forecast to record high
Bank expects payout to easily exceed 2014 peak.
NBR staff
Tue, 30 Nov 2021
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
ANZ Bank has raised its Fonterra milk price forecast by 60c to $8.80 a kg of milk solids for the 2021/22 season, higher than the previous record price paid by the co-op in 2014.
The bank said milk price futures were currently trading just above $9 a kg and there was potential for the price to
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NBR staff
Tue, 30 Nov 2021
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
