Jamie Mackay: The Country host on Fonterra lifting their 2024 milk price forecast - Heather du Plessis-Allan Drive

Fonterra has lifted their 2023-24 season forecast farmgate milk price to $7.80 per kilogram of milk solids.

Chief executive Miles Hurrell claims the 30 cent increase was inspired by a  streak of 5 strong GDT auctions.

The Country's Jamie Mackay says this is a good start, but some dairy experts believe it should be higher.

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