Continued downward pressure could force dairy processors to rethink forecasts

Two seasons of a farmgate price over $10/kgMS could be at risk. (Image: NZME)

Thu, 03 Jul 2025

Another chunky drop in global dairy prices will likely mean dairy companies begin to rethink their milk price forecasts for the new season.Most products at this week’s Global Dairy Trade slipped as supply, boosted by peak production in the Northern Hemisphere, outstripped demand.It’s the third auction of the new dairy season and the fourth consecutive event where the average price has declined. Wednesday’s, however, was the largest, the index down 4.1% to US$4,274 (NZ$7,011) per metric tonne.Whole Milk Powder – the bigge...

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