New Zealand’s Fonterra ups dairy payout forecast, sees margin squeeze

New Zealand’s Fonterra raised its milk price forecast for the upcoming this year/14 financial year by 7 per cent on Wednesday due to climbing global dairy prices and a weaker New Zealand dollar.

via Business feed http://www.scmp.com/business/commodities/article/1293311/new-zealands-fonterra-ups-dairy-payout-forecast-sees-margin