Fonterra agrees milk price bonus for Aussie farmers
Extra A40c a kg on payout follows benchmark price hike from Murray Goulburn.
Tim Hunter Wed, 10 May 2017
Fonterra has agreed to pay its 1100 Australian suppliers an extra A40c a kilogram of milk solids to match a price boost offered by its rival Murray Goulburn.
The payment, amounting to an estimated $A59 million, will be paid monthly on top of next season’s milk price.
Fonterra Australia
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).