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Fonterra rejects 'overly optimistic' tag


 

 

Jamie Ball
Wed, 28 May 2014

Fonterra [NZX:FCG] is rejecting suggestions its opening forecast farmgate milk price of $7 per kg/MS for the 2014/15 season is overly optimistic.

Today's $7 announcement has come on the back of seven consecutive drops in the global dairy auction, leaving prices at their lowest level since

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Jamie Ball
Wed, 28 May 2014
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Fonterra rejects 'overly optimistic' tag
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