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Jamie Mackay: host of The Country on Fonterra issuing $8.00/kg milk price for 2024 and lifting Q3 profit

EPISODE · May 25, 2023 · 3 MIN

Jamie Mackay: host of The Country on Fonterra issuing $8.00/kg milk price for 2024 and lifting Q3 profit

from Best of Business · host Newstalk ZB

Fonterra has announced an opening 2023/24 season farmgate milk price forecast of $7.25 to $8.75 per kg. The co-op also reported an increase in its third quarter net profit to $1.326 billion, up $854 million on the same period last year. The Country's Jamie Mackay says the $8.00 per kg midpoint price will be 'disappointing' for dairy farmers. LISTEN ABOVE  See omnystudio.com/listener for privacy information.

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Jamie Mackay: host of The Country on Fonterra issuing $8.00/kg milk price for 2024 and lifting Q3 profit

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