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3 Apr 2025 11:42
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  •   Home > News > Rural

    Relief for dairy farmers as Fonterra increases its forecast Farmgate Milk Price - after a shaky end to last year

    Relief for dairy farmers as Fonterra increases its forecast Farmgate Milk Price - after a shaky end to last year


    Fonterra
    Fonterra
    The midpoint's risen from seven-dollars-50 to seven-dollars-80 per kilo of milk solids.

    Fonterra Chief Executive Miles Hurrell says the midpoint pre-Christmas was around six dollars-70, which was below cost-of-production.

    He says they've since had five increases, and they're up about 10-percent from where they were in December, so they're positive signs.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     21 Mar: The whole economy is expected to feel the positives coming out of the dairy sector
     20 Mar: Fonterra is dishing out dividends, as it reports strong interim results
     20 Mar: Fonterra has delivered a strong interim result for the 2025 fiscal year
     19 Mar: Dairy prices are unchanged, at this morning's Global Dairy Trade auction
     18 Mar: Dairy farmers could be in for two consecutively good seasons for the first time in 25 years
     18 Mar: Dairy farmers are being urged to pay down debt, while they're in a good position to do so
     19 Feb: Fonterra has chosen to name its consumer business Mainland Group -- rather than Anchor - as it looks for a buyer, through either a trade sale or an Initial Public Offering
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