Go offline with the Player FM app!
Andrew Murray: Fonterra Chief Financial Officer on the company lifting its forecast Farmgate Milk Price to $10
Manage episode 453835354 series 2098282
Dairy giant Fonterra has raised its forecast milk price payout to a midpoint of $10 - the second rise in less than a month.
The company says this new forecast reflects strong international demand, particularly from China and Southeast Asia.
Fonterra's CFO Andrew Murray says this news has been received positively by farmers.
"US production is very flat and European production is down - so the demand from imports is pretty good from our perspective and we've had a strong start to the season as well."
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
8318 episodes
Manage episode 453835354 series 2098282
Dairy giant Fonterra has raised its forecast milk price payout to a midpoint of $10 - the second rise in less than a month.
The company says this new forecast reflects strong international demand, particularly from China and Southeast Asia.
Fonterra's CFO Andrew Murray says this news has been received positively by farmers.
"US production is very flat and European production is down - so the demand from imports is pretty good from our perspective and we've had a strong start to the season as well."
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
8318 episodes
सभी एपिसोड
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.