The chief executive of Fonterra reviews a very good GDT auction (up 0.5%, WMP + 2.4%) when the commentary was suggesting the step ups in August volumes, especially WMP (+~60%) were always going to be a tough ask, all the more so considering what happened in the July increases. However, the extra product was seemingly consumed with ease. And are we "sleepwalking" into an energy crisis? 

The chief executive of Fonterra reviews a very good GDT auction (up 0.5%, WMP + 2.4%) when the commentary was suggesting the step ups in August volumes, especially WMP (+~60%) were always going to be a tough ask, all the more so considering what happened in the July increases. However, the extra product was seemingly consumed with ease. And are we "sleepwalking" into an energy crisis?

Jamie Mackay delivers your daily fix of everything going on in NZ's biggest industry, along with a generous side-serve of news, sports and politics. The Country from Newstalk ZB, Hokonui and Gold Sport.

Jamie Mackay delivers your daily fix of everything going on in NZ's biggest industry, along with a generous side-serve of news, sports and politics. The Country from Newstalk ZB, Hokonui and Gold Sport.

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