Fonterra shaves 50c off forecast milk price
Fonterra has dropped its forecast milk price mid-point by 50c as a surge in global milk production is putting downward pressure on commodity prices.
MPs from both parties, saying they were worried about farmers, tried to blame the Government for the drop in global dairy prices or sought to make Fonterra pay farmers more or to force banks to carry bad loans. Your canine crusader reckons farmers might take these ‘concerns’ a little more seriously when Green MPs stop labelling farmers polluters and water thieves and their Labour mates stop wanting to hit the farming sector with new greenhouse gas taxes, stop making claims about farmers deliberately avoiding paying tax and cease calls to whack the sector with even more costs.
