Fonterra has increased its forecast farmgate milk price to a mid-point of $8.40/kg of milk solids, matching the previous highest pay out.
Dairy NZ chief executive Tim Mackle told Heather du Plessis Allan it’s good, but farmers are still toughing it.
“They’re concerned about other things like being understaffed or even issues around regulation, we’ve seen a tsunami of regulation come at them, and Covid uncertainty, they’re feeling it too.”
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