A bit of good news for dairy farmers.
Synlait has upped its forecast base milk price by 25 cents for the 23/24 season, bringing it up to $7.25.
Richard McIntyre, Chair of Dairy for Federated Farmers, told Mike Hosking that it reflects an upwards trend in the global dairy trade.
He said that we’re up by 17% over the last couple of months.
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