Fonterra frothing at milk shake-up

 In Australia, NewZealand

Fonterra has attacked proposed changes to raw milk regulations, saying profits will head overseas and it will hinder, rather than help, New Zealanders get access to affordable milk.

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Consultation has opened on the Government’s proposed response to reviews of Fonterra’s farm gate milk price setting, which includes a recommendation that an annual milk price monitoring regime be undertaken by the Commerce Commission, and the raw milk regulations. New Zealand Herald – Read more…
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