Fonterra Sees More Dairy Farmer Pain Before Demand Revival

  • Equity, oil rout may curb short-term dairy demand: CEO
  • Fonterra may reduce auction volumes if prices continue slump

Fonterra: More Pain Ahead for Dairy Farmers

The turbulence in dairy markets that’s driven prices to the lowest in 12 years is yet to run its course and there’ll be more pain ahead for farmers, according to the world’s biggest exporter.

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