Dairy market has ‘fundamentally shifted’
Fonterra's forecast milk price hike shows it is confident recent GDT auction price gains will continue, rural economist says
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Fonterra’s 50c increase in its forecast milk price this morning signals the dairy giant is confident the recent GlocalDairyTrade (GDT) auction hot streak will stick.
This is according to ASB rural economist Nathan Penny, who tells NBR Radio he remains confident Fonterra’s finalised milk price
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Jason Walls
Wed, 21 Sep 2016
Wed, 21 Sep 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Dairy market has ‘fundamentally shifted’
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