Competition growth proves Fonterra didn't inflate milk price: analyst

Jarden's head of research, Arie Dekker, values Fonterra units at $4. (Image: supplied)

Wed, 20 Apr 2022

Fonterra hasn't been inflating its milk price and the fact that its competition has grown in the last two decades proves that, according to Arie Dekker, head of research at Jarden.Dekker was responding to a number of conclusions in a report by consultancy Castalia which was commissioned by Fonterra's largest competitor for NZ raw milk, Open Country Dairy.He acknowledged the level of independence in setting the milk price, a process overseen by the Commerce Commission, which has long been debated by the industry."The level of indepe...

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