'Disciplined approach': Miraka sets opening milk price at $9.85/kgMS

'Disciplined approach': Miraka sets opening milk price at $9.85/kgMS
(Image: Miraka)
Riley Kennedy
Miraka will open the dairy season with a forecast milk price midpoint slightly lower than Fonterra Co-operative Group's opening price, saying it is important to understand the full picture.The Māori-owned, Taupō-based processor announced an opening forecast price of between $8.85 to $10.85 per kilogram of milksolid (kgMS) with a midpoint of $9.85/kgMS.That’s below Fonterra’s opening price, issued this week, of $10/kgMS and a wide range of $8/kgMS to $11/kgMS.It did not issue a midpoint, instead opting for an opening price, but b...

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