The local currency rose to 84.39 Australian cents at 5pm in Wellington from 83.86 cents yesterday. It fell to 80.68 US cents from 80.88 cents at 8am and 80.81 cents yesterday.Fonterra raised the 2014 forecast payout to farmer shareholders to $7 per kilogram of milk solids from $5.80 this season.That beat what the market was expecting, and helped bolster investor optimism the gains in dairy prices ...
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