Jamie Mackay: The Country host on Fonterra lowering their farmgate milk prices

Fonterra's forewarning farmers falling global dairy prices could hit their bottom lines. The dairy co-op recently cut its seasonal farmgate milk payout midpoint forecast - from $10 to $9.50. It paid out $10.16 last season. The Country's Jamie Mackay explained further. LISTEN ABOVE The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts. See omnystudio.com/listener for privacy information.