Fonterra Maintains 2019/2020 Milk Price Forecast Despite Risks

NEW ZEALAND – Fonterra has maintained its current forecast farmgate milk price for the season, however has flagged some risks in the international dairy market. In a statement, the dairy co-op’s Chairman, John Monaghan said it had reviewed the 2019/2020 forecast in line with obligations under the Dairy Industry Restructuring Act (DIRA). “We have maintained…