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ANZ lowers its Fonterra payout to under $4

ByEamonn Sheridan

Feb 5, 2016

NZD/USD news, A lowered ANZ forecast for the dairy payout from Fonterra
– 2015/16 cut to $NZ3.95/kg ms (from 4.25 and compared to Fonterra’s current forecast at 4.15)

ANZ cites high supply

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