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19 Aug 2025 14:31
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  •   Home > News > Rural

    Fonterra is still assessing whether rising global prices will push up its Farmgate Milk forecast

    Fonterra is still assessing whether rising global prices will push up its Farmgate Milk forecast


    Fonterra
    Fonterra
    Prices rose again overnight at the Global Dairy Trade auction -- with Whole Milk Powder up 3.4 percent, and overall prices up 4.2.

    The forecast farmgate price midpoint has sat on seven-dollars-50 since December.

    Chief Executive Miles Hurrell says it'll be reviewed in the next few days.

    He says they will also take a close look at their numbers when they release their interim results next month.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     12 Aug: Could iconic Kiwi dairy brands like Anchor and Mainland soon be under French ownership?
     06 Aug: Dairy prices have risen 0.7 percent at the latest Global Dairy Trade auction overnight
     25 Jul: Nicola Willis insists her talks with Fonterra about butter prices have been productive
     22 Jul: The Finance Minister's getting face-to-face with Fonterra's boss tonight, over rising dairy prices
     16 Jul: Dairy prices have risen 1.1 percent at the latest Global Dairy Trade auction
     29 Jun: Dairy farmers are remaining optimistic, despite some road bumps
     04 Jun: Dairy prices are down 1.6 percent at the latest Global Dairy Trade auction
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