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19 Aug 2025 14:31
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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
     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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