Business / Rural

Dairy farmers in for record payout

08:28 am on 20 January 2022

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Dairy farmers could be in for a record payout, as economists lift their forecasts for farmgate milk prices this season.

ASB has revised its forecast to $9.10 per kilo of milk solids, after a 4.6 percent increase in this week's Global Dairy Trade Price Index.

The previous record payout was $8.40 in 2013.

NZX dairy analyst Stuart Davison talks to Sarah Robson.