Fonterra cuts milk price forecast
Move follows sharp fall in GlobalDairyTrade commodity prices.
NBR staff
Mon, 09 May 2022
Dairy giant Fonterra has cut its forecast milk price for the current season, citing lockdowns in China, the war in Ukraine, and economic crisis in Sri Lanka driving a drop in demand.
In a statement issued this morning, the co-op said its forecast price range would fall to $9.10-$9.50 a kg of
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NBR staff
Mon, 09 May 2022
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