Fonterra announced a bullish first cut at next season’s milk price of $6.50/kg milk solids
Beyond the opening forecast, we expect the milk price to end the season at $6.75/kg.
Meanwhile, NZ commodity prices rose across the board last week.
Economic research - Access trends and financial news | ASB›
Commodities Weekly Report - Economic Research | ASB›
Fonterra bullish on season ahead
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