Fonterra’s CFO comments on last night’s final GDT Auction for the 25/26 season. The headline move (up 0.6%) was largely in line with expectations, with a few unders and overs. Butter came out better than thought, and SMP a little worse (WMP 1.2%, SMP 0.2%, Butter 2.5%, and Cheese -1.3%).

<p>Fonterra&rsquo;s CFO comments on last night&rsquo;s final GDT Auction for the 25/26 season. The headline move (up 0.6%) was largely in line with expectations, with a few unders and overs. Butter came out better than thought, and SMP a little worse (WMP 1.2%, SMP 0.2%, Butter 2.5%, and Cheese -1.3%).</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, iHeartCountry NZ, Hokonui & iHeartRadio.

<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, iHeartCountry NZ, Hokonui &amp; iHeartRadio.</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.

The Country

The Country 20/05/26: Andrew Murray talks to Jamie Mackay

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/15e2680a-15b6-4a58-b084-b45000139038/transcript