Post-season lift to Fonterra milk price
5 Articles
5 Articles
FPSA - Fonterra increases its farmgate milk price forecast
In some encouraging news for the dairy industry, New Zealand co-operative Fonterra has increased its 2024–25 season forecast farmgate milk price from $10 per kilogram of milk solids (kgMS) to $10.15 per kgMS. As part of this adjustment, the price range has narrowed from $9.70–10.30 per kgMS to $10.10–10.20 per kgMS. “As we close out the FY25 year, I’m pleased to be in the position to increase the forecast for the 2024–25 season by 15 cents,” Fon…
Fonterra Raises Milk Price Forecast Again
Fonterra has raised its forecast Farmgate Milk Price for the 2024/25 season, increasing it from $10.00 to $10.15 per kgMS. The price range has also been tightened from $9.70 - $10.30 to $10.10 - $10.20 per kgMS.CEO Miles Hurrell said, “as we close out the FY25 year, I’m pleased to be in the position to increase the forecast for the 2024/25 season by 15 cents.”He explained the co-op had taken a cautious approach at the beginning of the season by …
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