Fonterra expects strong dairy demand to continue – 'for now'

Fonterra expects strong dairy demand to continue – 'for now'
(Image: NZME)
Riley Kennedy
Fonterra Co-operative Group is expecting strong demand for dairy to continue “for now”.It will open the new dairy season with a forecast price of $10 per kilogram of milk solids (kgMS) and a range of $8/kgMS to $11/kgMS, But it acknowledges the ongoing geopolitical uncertainty and “the potential for a wider series of outcomes across the season”.The current dairy season finishes on May 31. It left the current season’s range unchanged at $9.70/kgMS and $10.30/kgMS. The final milk price will be determined in Sept...

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