Fonterra holds forecast payout for current season steady

July 31, 2016 8:45 PM

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WELLINGTON Aug 1 Global dairy giant Fonterra Co-operative Group Ltd, Monday held its forecast payout for the current season steady amid continuing global uncertainty.

The world's largest dairy exporter said it would pay NZ$4.25 ($3.06) per kg of milk solids in the 2016-17 season, unchanged from a prior forecast.

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