6 May 2024
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Fonterra holds steady on $7-$7.60 milk price forecast

Fonterra has already signed deals with suppliers in China, which should offset the impact of the coronavirus and has enabled it to maintain its forecast farmgate milk price range at $7.00-7.60 per kilogram of milksolids.

$8 payout possible

The guessing game has begun to predict what dairy farmers will get for their milk this season.

Dairy prices still rising

International dairy prices had a welcome lift at the first Global Dairy Trade auction of the new year, recovering half the losses recorded during the two December auctions.