Fonterra payout more likely to fall but economists still hope for a rise
Economists are holding their forecasts for Fonterra's 2017 milk payout at well above the dairy giant's own forecast. With special feature audio.
It’s more likely Fonterra’s [NZX: FSF] milk payout will fall than rise but it’s still very early in the season, BNZ economist Doug Steel says.
Fonterra has confirmed its forecast for the 2017 season’s payout at $4.25 a kilo of milk solids.
“At the moment, there’s more chance that the milk price
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Jenny Ruth
Mon, 01 Aug 2016
Mon, 01 Aug 2016
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Fonterra payout more likely to fall but economists still hope for a rise
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