BNZ has lowered its forecast for the Fonterra 2015/16 milk payment to NZ$4.70/kg, from $5.20 previously
BNZ cite the dairy market facing a "perfect storm" of
- ongoing supply expansion
- soft demand
- trade embargoes
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BNZ lowers its forecast for the Fonterra 2015/16 milk payment to NZ$4.70/kg
BNZ lowers its forecast for the Fonterra 2015/16 milk payment to NZ$4.70/kg
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