Fonterra Increases its Farmgate Milk Price Forecast to almost 30ppl for the second Consecutive Month
Posted on: 05/03/21
Hot on the heels of the latest sensational GDT Auction result came on announcement from the New Zealand giant of a further increase in its forecast farmgate milk price.
The latest increase takes the mid-point price up from NZ $7.20 (28.52ppl) to $7.60 (29.77ppl) with the range spanning from NZ $7.30 (28.6ppl) to $7.90 (30.95ppl).