Spring fears following Fonterra’s ‘conservative’ forecast
Analyst cautions farmers over the timing of any recovery of global dairy prices.
Jamie Ball talks about Fonterra on NBR Radio and on demand on MyNBR Radio.
Fonterra [NZX: FCG] has announced an opening forecast farmgate milk price of $5.25 per kg/MS for next season, while lowering its milk price for the remainder of the current season from $4.50 to $4.40 per kg/MS.