Fonterra sets fixed milk price and Saputo announces price rise | eDairy News

Fonterra sets fixed milk price and Saputo announces price rise

Dairy farmers who supply Fonterra can lock in up to 70 per cent of their season’s milk at a fixed rice under the scheme, Fonterra Farm Source general manager Matt Watt said.

“Certainty can be particularly important for farmers at times when they are considering business investments such as expansion or undertaking a new conversion,” Mr Watt said.

Fonterra used a tender allocation process to determine volumes and prices for milk solids.

Saputo’s increased payments of five cents per kilogram for butterfat and 11 cents for protein brings the average farmgate price to $5.68 per kilogram of milk solids.

This price is up from $5.60 per kilogram of milk solids, a Saputo spokesman said.

“We are focused on building milk supply in Victoria and Tasmania as a priority,” he said.

By: Johanna Baker-Dowdell

Source: The Advocate


Any claim arising from the information contained on the eDairy News website shall be submitted to the competence of the ordinary courts of the First Judicial District of the Province of Cordoba (Primera Circunscripción Judicial de la Provincia de Cordoba), Republic of Argentina, in the city of Córdoba, excluding any other jurisdiction (Federal jurisdiction is also excluded).


Criteria in the moderation of comments that eDairy News will take into consideration in all its publications.

  • They will not be considered insults of any kind against anyone,, whether a user, moderator or publisher. Complaints made with the name and surname of the author of the commentary will only be accepted after confirmation by the moderator.
  • Unsubstantiated and gratuitous destructive criticism or expressions of bad taste, whether offensive, racist or xenophobic.
  • SPAM, (Insert links to web pages not related to the subject, provide emails, etc...)
  • Comments that are meaningless with the footnote or the dairy sector.

Related posts