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Fonterra CEO celebrates record $10 forecast milk price

Author
Newstalk ZB,
Publish Date
Thu, 5 Dec 2024, 2:45pm
Fonterra chief executive Miles Hurrell had good news for dairy farmers on the show today. Photo / Supplied
Fonterra chief executive Miles Hurrell had good news for dairy farmers on the show today. Photo / Supplied

Fonterra CEO celebrates record $10 forecast milk price

Author
Newstalk ZB,
Publish Date
Thu, 5 Dec 2024, 2:45pm

A better end to the year than expected for the dairy sector.

Fonterra has raised its forecast Farmgate Milk Price's midpoint for the second time in less than a month.

It's up 50 cents, to $10.

Fonterra Chief Executive Miles Hurrell says demand from China is recovering, and is strong from south-east Asia.

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