New Zealand’s Fonterra maintained its milk price forecasts for 2017-2018

New Zealand’s dairy giant, Fonterra, announced earlier today that it maintained its milk price forecasts for 2017-2018.
Key Detail (via Reuters):
Farm gate prices unchanged at NZD 6.75 / kg ms
Forecast for EPS at NZD 45 to 55 cents
For total farmer payout of NZD 7.20 to 7.30
Author

Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

















