Fonterra lifts milk price forecast again
Co-op maintains earnings guidance.
Dairy co-op Fonterra has raised its forecast milk price for this season for the fourth time, citing soaring milk powder prices on world markets.
In a statement, Fonterra said its new forecast price range for 2021/22 was up 40c to $9.30-$9.90 a kg of milk solids.
The increase sets the new
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NBR staff
Thu, 24 Feb 2022
Thu, 24 Feb 2022
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Fonterra lifts milk price forecast again
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