Fonterra FY26 Results: $9.69 Milk Price, $3.4bn Profit
Fonterra has unveiled its annual results for the 2026 financial year, posting $27 billion in revenue and close to $20 billion returned to New Zealand farmer owners and unit holders.
Last week, three days before the GDT auction, the party issued a statement predicting the GDT price index would drop 10%; it dropped by 7%.
We wonder what Peters' crowd is trying to do, but we're certain that inaccurate predictions about GDT and heaping more misery on farmers are helping no one.
