Fonterra reports price jump and reveals new plant plans
Fonterra has unveiled provisional plans for a major new milk processing plant in New Zealand and reported a surge in dairy prices as production eases.
Fonterra has unveiled provisional plans for a major new milk processing plant in New Zealand and reported a surge in dairy prices as production eases.
International dairy prices now stand in “a more comfortable range” but a spike in EU production this spring could spark another major fall, according to Rabobank.