New milk price forecast could could lift economy by $800 million
Milk prices have started to improve as global demand and supply continues to rebalance. With special feature audio.
Jason Walls Thu, 25 Aug 2016
Fonterra’s [NZX: FSF] new milk price forecast could add as much as $800 million to New Zealand’s economy, according to estimates.
First NZ Capital director of economic research Chris Green calculates this morning’s 50c increase in the forecast milk price, from $4.25 to $4.75/kgMS, could add
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