Market betting against Spierings and Wilson
The dairy futures market has recently changed its tune on dairy prices for later this year.
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Hawke’s Bay
Fonterra’s [NZX: FSF] top brass is picking milk prices to recover by the end of the year but the market is betting otherwise, suggesting a longer downturn.
After cutting its forecast farmgate milk price payout earlier this month, Fonterra chief executive Theo Spierings was downbeat on dairy’s
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Jason Walls
Thu, 31 Mar 2016
Thu, 31 Mar 2016
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Market betting against Spierings and Wilson
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