2 Aug 2011

The price of milk

From Nine To Noon, 9:36 am on 2 August 2011

Dairy analyst Peter Fraser recently authored a report saying New Zealanders could be paying $195 million too much for milk from Fonterra each year. The report has been provided to the Commerce Commission which is conducting an investigation into whether a full milk price-control inquiry is warranted, after an industry complaint that Fonterra was artificially inflating the price and public disquiet about the high price of dairy products.