Fonterra does "more good than harm" Fed Farmers

Dairy farm (Newshub)
Dairy farm (Newshub)

Dairy prices have dropped at latest Global Dairy Trade Auction, down 2.9 percent.

It comes after Fonterra slashed its milk payout to $3.90 a kilo.

Federated Farmers Dairy Industry Group chairman Andrew Hoggard joined Paul Henry to talk about what the downturn means for farmers.