Fonterra lifts previous season's milk price

Fonterra lifts previous season's milk price
Fonterra started the season with a wide range of figures because of potential volatility. (Image: NZME)
Riley Kennedy
Fonterra Co-operative Group has lifted the previous season’s farmgate milk price by 15c and narrowed the range for the current season.It lifted the 2024/25 season’s price to $10.15 per kilogram of milk solids (kgMS) with a range of between $10.10kgMS and $10.20/kgMS.That compared to $10/kgMS with a range of between $9.70/kgMS and $10.30/kgMS.Meanwhile, it retained the $10/kgMS price for the current season, which started on June 1, but narrowed the range to between $9/kgMS and $11/kgMS.That meant the “opening price”...

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