Fonterra shaves 50c off forecast milk price
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 ex-dairy boss is – among a myriad business ventures – a director of chicken farm Heyden Farms.
This company has been in the news lately for its bad animal welfare practices (‘colony’ chickens) and now its eggs have been pulled from Countdown supermarkets nationwide.
As your old mate’s confidant opined: “it looks like the chickens are coming home to roost for Hank!” Perhaps a $3.90 dairy payout is not so bad, eh Henry.
