Fonterra slashes forecast milk price, again
Fonterra has slashed another 50c off its milk price forecast as global milk flows shows no sign of easing.
So, Finance Minister Nicola Willis' little game, implying that the co-op might be cranking the domestic price up, and that she was going to meet with CEO Miles Hurrell to discuss it, was pure political theatre - and cynical politics, at that.
This led to the ridiculous spectacle of TVNZ's lightweight 'political editor' trying to doorstop Hurrell on the 6 o'clock ews about why butter costs so much.
Everyone uses dairying as a whipping boy.
It's deeply disappointing to see Willis doing the same thing.
Read More:
- It's all about economics
- Global dairy prices rebound after two-month decline
- Open Country Dairy prepares to launch first commercial butter
