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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
1 mins to read

Banks up milk price forecast

Both ANZ and Westpac have increased their milk price forecast above Fonterra's own predicted $6/kgMS. 

Jason Walls
Wed, 07 Dec 2016

Westpac and ANZ have charged ahead of Fonterra’s milk price forecast after yet another increase in dairy prices at this morning’s GlobalDairyTrade (GDT).

The banks have increased their forecasts to $6.20/kgMS and $6.25kgMS respectively, both above Fonterra’s $6/kgMS pick last month.

The banks

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Jason Walls
Wed, 07 Dec 2016
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Banks up milk price forecast
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