Synlait increases forecast milk price to $9.50/kgMS

GENERAL
Mon, Nov 25 2024 08:30 am

Synlait Milk Limited (Synlait) has increased its forecast base milk price for the 2024/2025 season. The forecast has increased to $9.50 per kgMS, up from $9.00 per kgMS.

The increase follows recent strengthening in global commodities prices since Synlait’s last update on 10 October 2024.

Synlait remains committed to delivering a competitive milk price, advanced rates, and to ensure its on-farm offering remains highly attractive to farmer suppliers.

Forecasts are based on the best information available to Synlait at the time. Synlait will continue to monitor movements and update farmer suppliers as required.

For more information contact:
Hannah Lynch
Head of Strategy & Corporate Affairs
P: +64 21 252 8990
E: [email protected]


Announcement PDF


Markets News

Cannasouth delisting keeps Petterson in charge
Markets

Cannasouth delisting keeps Petterson in charge

Cannasouth major shareholders pushed to end voluntary administration they had called in.

Garth Bray 10:30am
Markets

KiwiSaver shakeup in capital markets reform

Listing costs may also be reduced if new plans ago ahead. 

KiwiSaver shakeup in capital markets reform