Miles Hurrell is Fonterra's Chief Operating Officer for Farm Source. Today on The Country he reviewed the latest GDT auction which resulted in a 6.6% rise in dairy commodity prices, while whole milk powder lifted 9.9%.
What does Fonterra make of this recovery in dairy, is it a case of 'green shoots' (to use a new buzzword)?
Miles also has an update on deals the Farm Source card can get Fonterra shareholders.
You can listen to the full interview with Miles Hurrell in the Soundcloud embed below: