David Pilkington confirmed as chair of Milk Price Panel

David Pilkington has no 'meaningful' association with Fonterra. (Image: NZME)

Fri, 02 Jun 2023

Fonterra has confirmed David Pilkington as the new chair of the independent Milk Price Panel.The base milk price is the price Fonterra sets for raw milk it purchases from farmers. An independent Milk Price Panel established under the Dairy Industry Restructuring Act (DIRA) calculates the base milk price using rules set out in the Milk Price Manual and makes a recommendation to Fonterra. This becomes the base milk price once it is approved by Fonterra’s board. Pilkington has been chair of Port of Tauranga and a director of Ballan...

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