28 Jan 2016

Fonterra Payout - Professor Jacqueline Rowarth

From Jesse Mulligan, 1–4pm, 1:14 pm on 28 January 2016

This morning, Fonterra announced it has lowered the forecast payout to dairy farmers for the 2015/2016 season. The dairy company reduced the farmgate milk price to $4.15 per kilogram of milk solids, down from $4.60 per kilo. But just how much more pressure will this put on farmers and what's the outlook for the rest of the year?

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