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View Full Version : Fonterra Cuts Forecast; Says US Supports to Hurt World Market - Bloomberg



NewsWhore
05-27-2009, 01:00 AM
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Fonterra Cuts Forecast; Says US Supports to Hurt World Market (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3DaQPeC2lvHTm0%26refer%3Daustralia&cid=1249575339&ei=b8scSrWML9GPmAfy8bSTBw&usg=AFQjCNHS1_GROdXmJR1OXWXLK6SHU3EN1w)
Bloomberg
The forecast assumes the currency will average 59 cents and there is as much downside risk as upside, he said. Fonterra won&#39;t estimate next season&#39;s production until July. Output for the current season is likely to reach a record 1.28 billion kilograms ...


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