Michael Plank, University of Canterbury; Shaun Hendy, University of Auckland, and Siouxsie Wiles, University of …
Read More »Fonterra’s lower 2015 milk forecast to be drag on NZ GDP, have less impact on earnings
Fonterra Cooperative Group’s forecast 17 percent drop in its milk payout for 2014/2015 will likely weigh on the New Zealand economy next year but will have less impact on the dairy exporter’s own earnings, which have been driven by the gap between milk powders and other products. The world’s biggest dairy exporter forecast a farmgate milk payout for the coming …
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