Fonterra forecast milk price wide open

Marian Macdonald
Updated May 27 2020 - 7:10am, first published May 21 2020 - 6:49am
UNCERTAINTY: Fonterra's forecast farmgate milk price for its NZ suppliers offers few clues for Australian dairy farmers.
UNCERTAINTY: Fonterra's forecast farmgate milk price for its NZ suppliers offers few clues for Australian dairy farmers.

Fonterra Co-operative's profit has soared but the breadth of the New Zealand forecast farmgate milk price range it announced today underlines the giant milk processor's uncertainty about global markets.

Marian Macdonald

Marian Macdonald

National rural property writer

Writing for farmers in the Stock & Land, The Land, Queensland Country Life, Stock Journal and FarmWeekly, farming in Gippsland.

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