Farmers are divided over Fonterra's guaranteed milk price

Farmers are divided over Fonterra's guaranteed milk price
By Fiona Rotherham Oct. 1 (BusinessDesk) - Fonterra Co-operative Group's guaranteed milk price scheme has stirred a mixed reaction from farmers. Some view it as just another risk management tool while others are against it, arguing a co-operative should have the same milk price for all.  Given the volatility in milk prices, Fonterra piloted the scheme last year as a way of giving some farmers more certainty on what they'd get paid for a small portion of their milk supply early in the season. It also provides the co-operative certainty ove...