Fonterra flags another record payout in prospect
Milk price forecast for 2022/23 raised 50c a kg alongside higher earnings outlook.
Fonterra chief executive Miles Hurrell.
Dairy giant Fonterra has raised its milk price forecast for the 2022/23 season by 50c a kg of milk solids and a lift in profits, despite increasing uncertainty in global markets.
In a statement, Fonterra upgraded its milk price range forecast to $8.75-$10.25 a kg, from the opening $8.25-$9.75
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