Fonterra has increased its forecast for the Farmgate Milk price for the 2024 financial year after a strong first quarter.
The predicted mid price point is up 25 cents to $7.30 per kilogram of milk solids.
Fonterra's profit after tax is up 85 percent on this time last year, sitting at $392 million.
Fonterra CEO Miles Hurrell joined The Country's Jamie Mackay to discuss.
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