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Fonterra increases 2016/17 forecast farmgate milk price by 50 cents

ByEamonn Sheridan

Sep 21, 2016

Fonterra has increased
its 2016/17 forecast farmgate milk price by 50 cents to $5.25 per kg
Remarks from the firm on the increases and the dairy auction overnight:

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  2. Finland Import Prices (YoY): -8.2% (February) vs previous -5.7%
  3. Xinhua tells NZ PM Key to STFU on talk of territorial disputes
  4. Australian Employment Change for April: +10.8K (expected 12K, prior 26.1K)

By Eamonn Sheridan

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