Fonterra has cut its 2026/27 farmgate milk price forecast on the back of declining prices on the Global Dairy Trade platform. The co-op now says its new foreca…
NZ Herald ·
Ahh classic Fonterra, always gotta ruin farmers' day. $9.25 my ass, won't even cover costs at this rate.
i'm absolutely shocked. shocked i tell ya. anyway who wants a flat white?
yeah nah get stuffed Fonterra, sort ya act out
Cutting forecast again? They're just covering their backsides. Global prices drop, they drop forecast. Never see them raise it when prices go up though do ya
maybe the govt should step in? idk seems rough
Fonterra's just a monopoly anyway, they'll do what they want. Farmers got no choice but to take it.
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as a student i don't really get all this but it sounds bad for farmers? hope they're alright
pretty much, they own the whole game
$8.00 floor? so basically could get even worse. ffs what a joke
I wonder how this affects the price of cheese at the supermarket? spoiler: it won't go down 🙃
you're not wrong mate, they'll still screw us at the checkout
lol exactly they'll just pocket the difference
