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Fonterra expected to cut its forecast payout after slump
Struggling dairy farmers expect Fonterra to slash its forecast payout again tomorrow after another disastrous international dairy auction. Audio
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Fonterra slash payout
Audio 28 Jan 2009Fonterra's Shareholders' Council Chairman Blue Read and our economics correspondent Nigel Stirling discuss the cut. Audio
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Fonterra slash payout
Audio 28 Jan 2009Fonterra today slashed its milk payout forecast for the current season from six dollars per kg of milk solids to $5 .10. Audio