Sentences with phrase «dairy commodities outstrips»

The world's biggest dairy exporter, New Zealand's Fonterra, has lifted its forecast farmgate milk price to a fresh record as demand for dairy commodities outstrips supply.

The world's biggest dairy exporter, New Zealand's Fonterra, has lifted its forecast farmgate milk price to a fresh record of $ NZ8.65 ($ 8) per kilogram of milk solids as demand for dairy commodities outstrips supply.