Chris Tennent-Brown: ASB Wealth Senior Economist says a weaker than expected New Zealand dollar augurs well for milk prices

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Recorded22 Jun 2022

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Fonterra's Farmgate Milk Price could surpass $10 this season, according to new ASB forecasts.If it comes to pass, it will be the first double-digit payout on record.ASB Wealth Senior Economist Chris Tennent-Brown told Mike Hosking weak supply growth, mixed with strong demand, and a weaker than expected New Zealand dollar augurs well for milk prices.LISTEN ABOVESee omnystudio.com/listener for privacy information.

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