ASB have lifted their 2018/19 milk price forecast by 35 cents to $6.60/kg.

Citing:

  • hot and dry NZ weather has put the squeeze on production and dairy prices

And add, see upside risk to our already-bullish 2019/20 milk price forecast of $7.00/kg.

more to come

Milk price forecasts, 'moo'ving on up