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Fonterra forecasts its fourth-highest milk price

Dairy giant's strong first quarter performance.

Dairy co-operative Fonterra has increased its forecast milk price midpoint by 25c to $7.30 per kgMS as the global market tipped slightly in favour of demand.

Fonterra’s farmgate range is now $7.00-7.60 per kgMS, and the midpoint would be the fourth-highest milk price in its history,

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Graham Skellern Thu, 05 Dec 2019
Contact the Writer: graham@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Fonterra forecasts its fourth-highest milk price
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