24 Mar 2016

Agricultural consultant: Fonterra profit unimpressive

From Morning Report, 8:25 am on 24 March 2016

The chief executive of Fonterra, Theo Spierings, told RNZ's Checkpoint that the supply glut and weak demand in China and Russia means prices, and therefore payouts to farmers, will remain muted in the short term. Peter Fraser is an agriculture consultant and he joins Morning Report.