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NZD review

Quotes from RBC Capital Markets: -NZD: Fonterra maintained its current forecast payout for the 2014-15 season at per kilogram of milk solids, disappointing some analysts looking for an increase. -Prices for whole milk po…

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Quotes from RBC Capital Markets:

-NZD: Fonterra maintained its current forecast payout for the 2014-15 season at per kilogram of milk solids, disappointing some analysts looking for an increase.

-Prices for whole milk powder have increased 45% and skim milk powder prices have increased 13% since December, but Fonterra noted that the increase was not enough to raise the forecast.

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