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25 May 2020 14:08
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  •   Home > News > Rural

    It's thought Fonterra may be preparing for an escalation of global trade wars

    It's thought Fonterra may be preparing for an escalation of global trade wars


    Fonterra
    Fonterra
    The dairy cooperative is forecasting a loss of up to 675-million-dollars this financial year, after massive write-downs of its assets.

    JMI Wealth director Andrew Kelleher says says they're trying to turn things around.

    He says getting through that is going to be quite challenging if the trading environment deteriorates, which may be what Fonterra's looking at.

    © 2020 Newstalk ZB, NZCity


     Other Rural News
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