Fonterra tipped to cut milk price forecast today
Analyst makes his pick after word leaks about a surprise announcement. With special feature audio.
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Fonterra may downgrade its milk price forecast for the current season later today.
Word leaked late last week that the dairy giant was planning a surprise update of both the milk payout and its expected earnings per share.
In late May, Fonterra, whose financial year ends today, forecast a $4.25 a
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Jenny Ruth
Mon, 01 Aug 2016
Mon, 01 Aug 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Fonterra tipped to cut milk price forecast today
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