Fonterra’s payout to dairy farmers could exceed $6
The futures market is pointing to dairy prices sustaining recent strong gains, which suggests Fonterra's current forecast payout of $5.25 a kilo of milk solids may be on the light side.
Jenny Ruth Mon, 14 Nov 2016
Fonterra’s payout to dairy farmers could exceed $6 a kilo of milk solids if current trends continue.
The head of wealth research at Craigs Investment Partners, Mark Lister, says Fonterra’s current forecast for the current season of $5.25 a kilogram of milk solids is looking a bit light in the