No end in sight for soft dairy prices
Fonterra downgrades milk price again and falling demand for whole milk powder is flowing on to wider agriculture sector.
An economist is warning there’s no end in sight for the current softness in global dairy prices, which prompted dairy giant Fonterra to cut its forecast milk price for the second time in nearly as many weeks this morning.
Speaking to NBR , Westpac agri-economist Nathan Penny said this morning’s
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