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7 Jul 2022 17:17
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  •   Home > News > Business

    Fonterra's fired its opening shot for the 2022/23 season

    Fonterra's fired its opening shot for the 2022/23 season


    Fonterra
    Fonterra
    It's set the opening forecast Farmgate Milk Price for the season at eight-dollars-25 to nine-dollars-75, with a midpoint of nine dollars per kilogram of milk solids.

    Fonterra CEO Miles Hurrell says they're pleased to be able to put out this opening price.

    He says while there's a few clouds on the short term horizon around geopolitical situations and supply chain issues through China, the fundamentals looks strong.

    © 2022 Newstalk ZB, NZCity

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