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Fonterra payout more likely to fall but economists still hope for a rise

Economists are holding their forecasts for Fonterra's 2017 milk payout at well above the dairy giant's own forecast. With special feature audio.

Jenny Ruth
Mon, 01 Aug 2016

It’s more likely Fonterra’s [NZX: FSF] milk payout will fall than rise but it’s still very early in the season, BNZ economist Doug Steel says.

Fonterra has confirmed its forecast for the 2017 season’s payout at $4.25 a kilo of milk solids.

“At the moment, there’s more chance that the milk price

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Jenny Ruth
Mon, 01 Aug 2016
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Fonterra payout more likely to fall but economists still hope for a rise
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