Lower farmgate than many expected next year from Fonterra
Those wanting an update on the sale of the consumer businesses were told to wait until something happened, as the dairy giant updated its full year forecast.
Fonterra has announced a “high volume of interest” from potential buyers of its consumer and associated businesses currently on the chopping block, as the dairy giant announced a slightly lower farmgate milk price than expected for the coming year.
CEO Miles Hurrell said it was early days in the
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