A better end to the year than expected for the dairy sector.
Fonterra has raised its forecast Farmgate Milk Price's midpoint for the second time in less than a month.
It's up 50 cents to $10 dollars, citing strong demand from China and south-east Asia.
Forsyth Barr Senior Analyst Matt Montgomerie told Ryan Bridge that demand from China has been sluggish for some time, so it’s pleasing to see they’re returning in some way.
LISTEN ABOVE

Gavin Grey: UK correspondent on Russian drone striking train behind Boris Johnson and other dignitaries near Ukraine border
03:02

Vicky Pryce: business correspondent on the UK GDP going up by 0.4 percent
02:53

Alf Filipaina: Auckland Councillor on the launch of the City Rail Link and whether extra police are needed
02:37