Global dairy prices sink another 9.3% ahead of Fonterra's board meeting on Friday to decide the forecast milk price for farmers this season; ANZ now picks price of around $3.50
Global dairy prices sink another 9.3% ahead of Fonterra's board meeting on Friday to decide the forecast milk price for farmers this season; ANZ now picks price of around $3.50
RBNZ sees more interest rate reductions likely, but rules out extensive cuts; says further falls in NZ currency still 'necessary'; Westpac sticks with 2% OCR prediction
RBNZ sees more interest rate reductions likely, but rules out extensive cuts; says further falls in NZ currency still 'necessary'; Westpac sticks with 2% OCR prediction
Food for RBNZ thought as global dairy prices sink 10.7% to 13-year lows; Farmers operating below breakeven; no end in sight; ANZ sees milk price possibly as low as $3.75
Food for RBNZ thought as global dairy prices sink 10.7% to 13-year lows; Farmers operating below breakeven; no end in sight; ANZ sees milk price possibly as low as $3.75