ANZ have revised their farmgate milk price forecast for the 2021-22
season by 50c to $8.20/kg MS
From ANZ’s report (in brief):
- Dairy commodity prices have trended higher as the season has progressed. Often prices weaken at this time of the season, but this season prices have instead firmed.
- … we don’t see further upside in these prices in the immediate term
Earlier re NZD: