So fonterra is to slash 60cents off the price it is going to pay farmers for their milk products.
Guess we the consumers won't see any of the price slash in the price we pay here for dairy products.
I suspect they will be like the oil/fuel companys. They have got consumers used to higher prices so will keep on recieving the higher priced profits.
It seems when things go up in price be it fuel dairy power chocolate, because of overseas pricing factors they don't drop as fast when things change.