Fonterra Trims Milk Price Forecast After Hit to Global Demand
Employees prepare cows for milking at a dairy farm in Hawera, New Zealand.
Photographer: Brendon O'HaganThis article is for subscribers only.
Follow us at Twitter and Facebook for the latest, and sign up to get the Australia Briefing newsletter in your inbox.
Fonterra, the world’s biggest dairy exporter, reduced its forecast payment to its New Zealand farmers due to weaker global demand.