Dairy product prices fell at the Global Dairy Trade auction, declining for the third time in four auctions, amid concern about extra supply.
Fonterra Chairman John Wilson spoke to The Country's Dom George today about the latest result and whether it's something to worry about.
Wilson says the recent dipis just a correction in the global dairy market and nothing to be overly concerned with.
Dom and John also discuss Federated Farmers' latest Farm Confidence Survey which shows the positive news that, (along with arable farmers), dairy farmers are the most optimistic.
Listen to the full interview in the Soundcloud embed below:
