Fonterra reduces farmgate milk price for new season, co-op's profit up

Fonterra reduces farmgate milk price for new season, co-op's profit up
Fonterra chief executive Miles Hurrell. (Image: Getty)
Riley Kennedy
Fonterra narrowed its forecast range for the current season's farmgate milk price and announced an even lower price for the season that kicks off June 1, news that won't be well received by farmers who are already under pressure.The forecast range for the current season is now $8.10 to $8.30 per kilogram of milk solids versus $8.00 to $8.60 per kgMS. The midpoint is now $8.20 per kgMS versus a prior forecast of $8.30 per kgMS.Fonterra opens the new dairy season with a forecast farmgate milk price of $7.25 to $8.75 per kgMS, with a midpo...

More Primary Sector

Fonterra’s NZ milk collections hit five-year high
Primary Sector

Fonterra’s NZ milk collections hit five-year high

The increased production comes as forecast milk prices point to record levels.

MPI led the Fieldays charge
Primary Sector

Cameron Bagrie: MPI led the Fieldays charge

Fieldays was a class act, once again, with MPI as the lead actor.

Cameron Bagrie 26 Jun 2025