Bloomberg with the headline
Follows more declines in dairy prices overnight at the GlobalDairyTrade (yeah, that's how they spell it ... spacesbetweenwordsareso5minutesago, you know?) auction.
Note - the Fonterra board meeting is scheduled for August 7, revisions to the payout are expected at this meeting (current payout figure is at $5.25/mskg)
If you're bullish NZD, please go and buy a milkshake, or a few million of them:
