Fonterra farmers fear new season milk price forecast about to get the chop
An important global whole milk powder price has gone south.
An important global whole milk powder price has gone south.
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There are allegations Fonterra's still in the driving seat, despite industry law changes.
The two dairy giants agreed to sell DPA for $210 million.
Farm debt has come down but rising costs and a falling milk price are piling pressure on.
Inflation wars and China slowdown loom large, even as some exports surged.
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They lurk in the shadows & whisper in the ears of company CEOs. They are the spin doctors.
Whole milk powder prices dropped at the first GDT auction for the 2023/24 season.
Fonterra's "mid-point" forecast of $8/kg will be close to break-even for farmers.
The smallest average herd sizes are in Northland, Auckland and Taranaki.
News in brief from across Northland and the surrounds.
Next season's milk price may start with a seven in front of it.
All did not go according to plan and exports were unsuccessful.
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