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