Dairy farmers in clover as payout rises again
Dairy co-op sees strong global demand, holds earnings guidance.
NBR staff
Tue, 25 Jan 2022
Dairy farmers are in for a bumper season after Fonterra raised its milk price forecast by 50c to a range of $8.90 to $9.50 a kg of milk solids.
The move brings the mid-point, which determines farmer payments, to a record $9.20 a kg.
Fonterra had previously raised its forecast as recently as
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NBR staff
Tue, 25 Jan 2022
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