Fonterra's revised forecast for the 2022/23 shows a worrying outlook for the dairy industry.
The milk giant has revised down its farmgate price to between $8.00 and $8.60 per kg of milk solids.
It's a sharp drop from the record payout of $9.30 last season.
Head of Insight at NZX Limited and dairy sector expert Julia Jones joined Kate Hawkesby.
LISTEN ABOVE

Jordan Williams: Taxpayers' Union Executive Director on the pay rise for Fire and Emergency's board members
04:05

Full Show Podcast: 02 April 2026
34:19

Haritina Mogoșanu: Astrobiology Network Executive Director on NASA's first crewed lunar mission in 50 years
02:58