Fonterra to open new season with a $9.75/kgMS opening forecast
Fonterra Co-operative Group will start the new dairy season with a forecast farmgate price of $9.75 per kilogram of milk solids, within a range of $8/kgMS to $11/kgMS.

The co-op was expected to start the season with a wide range, but its opening price sits at the upper end of forecasts from major NZ banks. ⌘ Read more