Fonterra predicted to cut its milk price forecast next month
ASB Bank has trimmed its milk price forecast to $6.50/kgMS.
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Fonterra is likely to follow analysts in trimming its forecast milk price payout when it updates the market next month.
ASB Bank, the bank which has consistently forecast the highest milk price for much of this year, this morning cut its payout pick by 25c to $6.50/kgMS after yet another
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Jason Walls
Wed, 22 Nov 2017
Wed, 22 Nov 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Fonterra predicted to cut its milk price forecast next month
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