January 20, 2016

Another poor GDT result puts $4.60 payout in doubt

Press Release – Federated Farmers Federated Farmers is concerned that Fonterras forecast farmgate payout of $4.60/kg looks increasingly out of reach after this mornings 1.4% drop in the Global Dairy Trade price index. Today’s result follows a 1.6% fall in the first auction of the …