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27 May 2015
Fonterra cut its 2014/15 milk payout forecast to NZ$4.40/kg
FXStreet (Bali) - Fonterra has cut its 2014/15 milk payout forecast to NZ$4.40/kg, with its forecasts 2015/16 milk payout of NZ$5.25/kg.
Additional headlines
Says market oversupplied with dairy commodities
Says global prices hadn't increased as expected
Expects prices to recover
Additional headlines
Says market oversupplied with dairy commodities
Says global prices hadn't increased as expected
Expects prices to recover