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Campbell Parker: Dairy NZ CEO on the new dairy season, wide milk price range

Campbell Parker: Dairy NZ CEO on the new dairy season, wide milk price range

Published 3 weeks, 4 days ago
Description

It’s an uncertain future for farmers, with global events making it harder to predict the milk price.  

Fonterra's midpoint payout forecast for the current season is $9.70.  

It's slightly up for next season, at $9.75, but it's signalling that could be as low as $8 or as high as $11.  

Dairy NZ Chief Executive Campbell Parker told Mike Hosking the gap is mirroring the current volatility, with the top end of last year about $10. 

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