The latest Global Dairy Trade result has fallen for the first time in five auctions. The GDT price index fell 3 per cent and whole milk powder dropped 3.8 per cent.
Fonterra's Chairman John Wilson says he expected the market to "bounce around" but he strongly believes that prices have "come off the bottom".
The Country's Dom George asks Wilson about recent concerns over calf milk powder shortage, Professor Jacqueline Rowarth's comments on the Governance vote at Fonterra and his viewpoint on the recent cocaine sting that involved an actor in an Anchor commercial...
Have a listen to the full interview in the Soundcloud embed below:
