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Fonterra Cuts Milk Price Forecast After Another Weak Dairy Auction

Fonterra cut its Farmgate Milk Price midpoint to $9.00/kg due to strong global milk supply and a rising New Zealand dollar, with GDT prices falling for nine auctions.

Summary by NZ Herald
Fonterra has cut the midpoint of its 2026 farmgate milk price forecast to $9.00 per kilogram of milksolids from $9.50/kg. The new range is $8.50-$9.50/kg...

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NZ Herald broke the news in Auckland, New Zealand on Wednesday, December 17, 2025.
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