Fonterra revises milk forecast down

Fonterra suppliers have been dealt a blow with the co-operative revising its 2018-19 forecast farm-gate milk price from $6.75 to a range of $6.25-$6.50.

Going sour: Why Fonterra is under attack as never before

As an old story tells it, the dairy industry tsars who wanted to create Fonterra rolled up to Helen Clark’s Government with the legislation already written by a law firm and the 2001 date by which they wanted it implemented.