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 

A better end to the year than expected for the dairy sector.&nbsp;
Fonterra has raised its forecast Farmgate Milk Price's midpoint for the second time in less than a month.&nbsp;
It's up 50 cents to $10 dollars, citing strong demand from China and south-east Asia.&nbsp;
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.&nbsp;
LISTEN ABOVE&nbsp;

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

Early Edition with Ryan Bridge

Matt Montgomerie: Forsyth Barr Senior Analyst on Fonterra raising its Farmgate Milk Price

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/ba3da04a-4736-4159-9941-b23d015ac031/transcript