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.
