New Zealand’s Fonterra to pay farmers higher prices for milk in FY 2022/23

to Reuters, New Zealand’s Fonterra said on Thursday that it is likely to pay a higher price to farmers for milk supply for the next fiscal year, courtesy of a jump in dairy demand and the appreciation in the US dollar. “The world’s biggest dairy exporter expects to pay between NZ$8.75 and NZ$10.25 ($5.49 and … Read more