Fonterra's milk price forecast hit a record high last month.
Tue, 11 Jan 2022
Dairy co-op Fonterra expects to collect less milk this year on the back of bad weather and challenging growing conditions.
In a statement to the NZX, Fonterra said it had revised its forecast milk collection for 2021/22 to 1,500 million kg of milk solids, down from its initial forecast of 1,525
