Kiwi consumers could finally see butter prices fall, thanks to increased global dairy production.  

New research from Rabobank shows EU, UK, and US production has been surging, pushing down global prices. 

Fonterra's already forecasting a lower farmgate payout than last season. 

Fonterra Co-operative Council Chair John Stevenson told Heather du Plessis-Allan the change could be good news for supermarket shoppers. 

He says if the surge continues, there'll be an impact on our store shelves. 

LISTEN ABOVE  

Kiwi consumers could finally see butter prices fall, thanks to increased global dairy production. &nbsp;
New research from Rabobank shows EU, UK, and US production has been surging, pushing down global prices.&nbsp;
Fonterra's already forecasting a lower farmgate payout than last season.&nbsp;
Fonterra Co-operative Council Chair John Stevenson told Heather du Plessis-Allan the change could be good news for supermarket shoppers.&nbsp;
He says if the surge continues, there'll be an impact on our store shelves.&nbsp;
LISTEN ABOVE &nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

John Stevenson: Fonterra Co-operative Council Chair on the impact of rising global dairy production

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/d7e962a9-e68b-4120-89d5-b3b0013354c0/transcript

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