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28 Jul 2021 22:56
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  •   Home > News > Business

    Fonterra farmers believe this season's milk price won't budge much from a new midpoint of seven dollars and 55 cents

    Fonterra farmers believe this season's milk price won't budge much from a new midpoint of seven dollars and 55 cents


    Fonterra
    Fonterra
    The dairy co-op shaved five cents off the forecast - which will be finalised later this year.

    Federated Farmers Dairy chairman Wayne Langford says this likely indicates the price won't rise.

    Langford says he was a bit surprised it didn't lift - but farmers will have few complaints.

    Farmers are delighted with next season's record breaking midpoint forecast of eight dollars for next season.

    © 2021 Newstalk ZB, NZCity

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