LISTEN LIVE TO NEWSTALK ZB

Newstalk ZB

ON AIR NOW

Keep up with
Newstalk ZB

Follow Us

  • Facebook
  • Twitter
  • YouTube

Select region

Site Search

Search Search

BREAKING NEWS

  Commonwealth Games: Gold and games record for Boyle

Fonterra pricing practices reviewed

Share |

New Zealand News | Monday June 9 2014 14:42

Related

Fonterra's deviation from its usual pricing practices is being looked at by the Commerce Commission.

It's just begun its second annual review of the way Fonterra calculates prices under the Milk Price Manual.

Commerce Commission Deputy chair Sue Begg says Fonterra's forecast payout this season is below what it calculated.

She says they haven't seen this situation before, so will focus on it.

Fonterra has advised the Commerce Commission it's because demand for whole milk powder outstrips their production capacity.

Advertisement
Shows & Personalities
Advertisement
  • Provate-public partnership signed for Transmission ...

  • Commonwealth Games: Gold and games record for Boyl ...

  • Rents getting worse in Christchurch

  • Harre to take more swipes at PM

  • Towns set to suffer at lower milk prices

  • CAA to answer more questions over balloon crash

  • Auckland Weather

    10°
    Today
    Rain Clearing
    H:17° L:10°
    Click for More Weather
    More Weather

    Electorate deals

    Should National have cut a pre-election deal with Colin Craig?

    Vote Now

    View Results