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      Home > News > Business

    Fonterra's Farmgate milk price has hit its highest level in years

    Fonterra's Farmgate milk price has hit its highest level in years

    23 May 2018

    Fonterra
    Fonterra
    The opening milk price for the 2018-19 season is seven-dollars per kilogram of milk solids.

    That's just shy of its record high of eight-dollars 40 in the 2013-14 season.

    Chairman John Wilson says the strong opening milk price will be very welcome news for the co-operative's farmers.

    He says global demand is expected to remain strong, especially from China.

    © 2024 Newstalk ZB,Newstalk ZB, NZCity


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