Milk Glut Drags Fonterra Forecast Down to $9.20/kgMS
A milk glut around the world shows no sign of easing, putting downward pressure on farmgate milk prices for the next few months.
Some farmers are cheesed off with the co-op for its performance, consumers are unhappy with the high price of milk and motorists are fed up of milk tankers clogging our roads.
However, one Northland man has taken his dislike of the co-op to a new level. The man (52) appeared in Whangarei District Court charged with shooting at the co-op’s Kauri plant; he was remanded in custody for a mental health assessment.
He faces charges of unlawful possession of a restricted firearm (an SKS 7.62/39 calibre), reckless discharge of a firearm and importing a restricted weapon.
Fonterra says the man has no direct connection to the co-op.
