Fonterra raises milk price forecast
Co-op reports strong demand as overseas milk production falls.
Co-op reports strong demand as overseas milk production falls.
Dairy co-op Fonterra has raised its forecast milk price range for the 2019/20 season from $6.25-$7.25 a kg of milk solids to $6.55-$7.55.
Fonterra chair John Monaghan said demand for milk had been firm, leading to good prices, and full season demand was expected to be higher than last
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