je.st
news
Fonterra cuts milk price forecast as glut persists
2016-03-07 22:54:13| Food - Topix.net
Four out of five dairy farmers in New Zealand will operate at a loss this season as the global slump in milk prices enters its third year. Fonterra Cooperative Group, the world's largest dairy exporter, cut its milk price forecast to a fresh nine-year low as oversupply continues to depress the global market.
Tags: price
milk
cuts
forecast
Category:Food and Related Products
Latest from this category |
All news |
||||||||||||||||||||
|
|
||||||||||||||||||||