Federated Farmers president suggests record milk payout could be new norm
In this story Fonterra, Federated Farmers, Wayne Langford

Fonterra has confirmed a record farmgate milk payout of $10.16 per kilo of milk solids for the recent season. Federated Farmers national president Wayne Langford believes this high payout may become the new standard for farmers. He also suggested that supermarkets should review their price margins on products such as butter.

