Fonterra is being cautiously upbeat about the future.

The dairy co-op is forecasting a $10 farmgate milk price payout for the current season, and an earnings range of 65 to 75 cents a share.

The Country's Jamie Mackay explains what this means for the market.

LISTEN ABOVE

Fonterra is being cautiously upbeat about the future.
The dairy co-op is forecasting a $10 farmgate milk price payout for the current season, and an earnings range of 65 to 75 cents a share.
The Country's Jamie Mackay explains what this means for the market.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Jamie Mackay: The Country host on Fonterra's cautious optimism about the farmgate milk price payout

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/219fa738-2456-4c4e-b521-b2ec0079fedb/transcript