Frances Sweetman: It's a support mechanism for farmers who are suffering - Heather du Plessis-Allan Drive

A quiet day in the markets today but some interesting news out on Fonterra. First, it has announced a $50m buyback scheme, why? And is spending $50m on buying shares in the best interests of farmers? 
The other news was the climate proposal from He Waka Eke Noa, the agricultural industry partnership with the Government. What is in the proposal? 
Is this helpful for farmers and ultimately Fonterra? 
Frances Sweetman, Milford Asset Management, joined Heather du Plessis-Allan. 
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