Dairy price rally good news for Fonterra before it sets payout
This morning's rise in dairy prices at the GDT increases the likelihood Fonterra's next season payout will lift. With special feature audio.
Finally, some good news for dairy farmers as analysts pick a rise in Fonterra’s forecast milk price payout next season following a small price increase at the GlobalDairyTrade this morning.
Dairy prices rose 2.6% on the platform, with whole milk powder up 3% to $US2252 per tonne.
Nikko asset
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Jason Walls
Wed, 18 May 2016
Wed, 18 May 2016
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Dairy price rally good news for Fonterra before it sets payout
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