Increased supply predicted to hurt farmgate milk prices
Forecast payouts range from $6.00 to $6.25/kg milk solids.
Mon, 26 Nov 2018
New Zealand economists are lowering their farmgate price forecasts for the current season in response to record-high milk production and slowed growth in China.
Fonterra’s forecast for farmgate milk prices sits at $6.25/kg of milk solids for the 2018/2019 season. However, some rural
