Milk price forecast leaps despite spill at auction
ASB has come out ahead of ANZ, Westpac and Fonterra with its latest milk price forecast.
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Hawke’s Bay
ASB has increased its milk price forecast by 8.3% despite this morning’s 0.8% fall in whole milk powder prices at the GlobalDairyTrade (GDT) auction.
The bank this morning revised up its milk price forecast for this season to $6.50kg/MS, and $6.75/kgMS in the 2017/18 season.
This follows ANZ
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Jason Walls
Wed, 21 Dec 2016
Wed, 21 Dec 2016
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Milk price forecast leaps despite spill at auction
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