Recovery raises Fonterra milk price forecast
Co-op cautious on uncertain outlook.
NBR staff
Thu, 15 Oct 2020
Fonterra has raised its milk price forecast for the current season by 40c a kg, citing a recovery in dairy demand and strong milk prices.
The new milk price forecast range is $6.30-$7.30 a kg of milk solids, up from $5.90-$6.90 announced at the co-op’s annual result last month.
The move
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NBR staff
Thu, 15 Oct 2020
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