News Flash - Fonterra's payout may drop

Fonterra's payout may drop even further as world prices keep falling. The last prediction was $4.16, but latest falls may lead to an even lower figure. The latest auction price was down 7.4 percent after two other falls in the mid 1 percent range.  In the meantime banks continue to put pressure on dairy farmers and in some cases have told clients they wont renew funding, literally putting the farmers and sharemilkers out of business
 

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