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Winston Peters' office loves to bag the dairy industry and Fonterra, mostly for all the wrong reasons.
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.
Fonterra has dropped its forecast milk price mid-point by 50c as a surge in global milk production is putting downward pressure on commodity prices.
Keep focused on things that can be controlled on farm.
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Fonterra has dropped its forecast milk price mid-point by 50c as a surge in global milk production is putting downward pressure on commodity prices.
The chance of a $10-plus milk price for this season appears to be depleting.
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