Fonterra's forewarning farmers falling global dairy prices could hit their bottom lines.

The dairy co-op recently cut its seasonal farmgate milk payout midpoint forecast - from $10 to $9.50.

It paid out $10.16 last season.

The Country's Jamie Mackay explained further.

LISTEN ABOVE

Fonterra's forewarning farmers falling global dairy prices could hit their bottom lines.
The dairy co-op recently cut its seasonal farmgate milk payout midpoint forecast - from $10 to $9.50.
It paid out $10.16 last season.
The Country's Jamie Mackay explained further.
LISTEN ABOVE

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Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Jamie Mackay: The Country host on Fonterra lowering their farmgate milk prices

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/97685eaa-78d4-4fb3-a363-b3a0005fcddf/transcript