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.
Jamie Ball
Thu, 28 May 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
See also: Fonterra payout: RBNZ needs to cut OCR, says economist
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.
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Jamie Ball
Thu, 28 May 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.