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16 Jul 2020
Fonterra Provides updates To 2020/21 Milk Price Forecasts:
Fonterra Provides updates To 2020/21 Milk Price Forecasts have been released as follows:
- Fonterra Lowers 12 Month Skim Milk Powder Auction Volume By 10000 Tons.
- Fonterra Raises 2020-21 Milk Price Forecast Midpoint To NZ$6.40.
- Fonterra Raises 2020-21 Milk Price Forecast To NZ$5.90 To NZ$6.90/KG.
- Fonterra Cuts 2019-20 Milk Price Forecast Midpoint To NZ$7.15.
- Cites An Improvement In Market Conditions In China.
More to come...