Strong demand from China lifts Fonterra milk price
First-quarter earnings up 40% on a normalised basis.
NBR staff Fri, 04 Dec 2020
Dairy co-op Fonterra has raised its milk price forecast for the current season citing strong demand from China.
In a statement to the NZX, Fonterra said its milk price forecast for the year was $6.70-$7.30 a kg of milk solids, up from its previous range of $6.30-$7.30.
“This means the
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