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New Zealand's Fonterra maintains 2015/16 milk price

Discussion in 'Market News' started by ForexLive, Dec 9, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Maintains payout at $4.60/KGMS That's good news for the kiwi. The RBNZ is in 30 minutes. Fonterra also announced it will provide $390 million in loans to farmers. It will be paid out at 50-cents per KGMS and interested free until June 2017 with interest payments only triggered when prices rise above $6.

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