Fonterra’s acting chief financial officer discusses the latest GDT auction result, where prices slumped 7.4 per cent across the board, with whole milk powder down a whopping 10.9 per cent and skim milk powder plunging 5.2 per cent.

<p>Fonterra’s acting chief financial officer discusses the latest GDT auction result, where prices slumped 7.4 per cent across the board, with whole milk powder down a whopping 10.9 per cent and skim milk powder plunging 5.2 per cent.</p>

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.

<p>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.</p>