GDT results have taken a sharp dive - down 4.3 per cent.
Whole milk powder - which more or less dictates Fonterra's farmgate milk price - is down 8 per cent.
It's all painting a fairly bleak outlook for farmers..
Wayne Langford, Federated Farmers National president, joined Early Edition to discuss the impact of the figures.
LISTEN ABOVE
Â
Take your Radio, Podcasts and Music with you
