Your canine crusader hears that Fonterra’s current financial woes could see the dairy co-op dumping many of its key assets.
New Zealand commodity prices are likely to feel downward pressure over the year, says ASB senior rural economist Nathan Penny.
Economists aren't too excited about last week’s 2.2% overall lift in the Global Dairy Trade price index.
With production up 6.5% on last year for the peak of the season, a downward adjustment in Fonterra’s milk price will not be surprising, says BNZ senior economic Doug Steel.
ASB economist Nathan Penny says New Zealand agriculture hasn’t backed great science with great stories.
A weaker New Zealand dollar may help offset the decline in Global Dairy Trade prices, but the reasons behind the lower dollar are more significant to dairy, says Rabobank dairy analyst Emma Higgins.