Fonterra slashes forecast milk price, again
Fonterra has slashed another 50c off its milk price forecast as global milk flows shows no sign of easing.
Your old mate was flabbergasted at the sheer political gall of Labour and the Greens in their latter-day ‘concern for farmers’ in the wake of the recent drop in dairy payout.
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.
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