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Huge New Zealand exporter Fonterra lowered the top end of its forecast farmgate milk price | Forexlive

One for the kiwi $ traders.

NZ dairy exporter Fonterra has lowered the top end of its forecast farmgate milk price

  • the dairy co-operative expects to pay farmer shareholders $8.50-to-$9.50 per kilogram of milk solids
  • down from its prior range of $8.50-to-$10.00/kgMS

NZD/USD update: