Fonterra has lifted its forecast Farmgate Milk Price
Fonterra has lifted its forecast Farmgate Milk Price
5 March 2021
The midpoint of the forecast range has increased seven-dollars-20 per kilogram of milk solids -- to seven-dollars-60.
It follows an historic rise in global dairy prices on Wednesday.
The co-operative had previously been planning to wait until next week to make a decision on the farmgate price.
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