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21 Oct 2021 9:53
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  •   Home > News > Rural

    Fonterra farmers believe this season's milk price won't budge much from a new midpoint of seven dollars and 55 cents

    Fonterra farmers believe this season's milk price won't budge much from a new midpoint of seven dollars and 55 cents


    Fonterra
    Fonterra
    The dairy co-op shaved five cents off the forecast - which will be finalised later this year.

    Federated Farmers Dairy chairman Wayne Langford says this likely indicates the price won't rise.

    Langford says he was a bit surprised it didn't lift - but farmers will have few complaints.

    Farmers are delighted with next season's record breaking midpoint forecast of eight dollars for next season.

    © 2021 Newstalk ZB, NZCity

     Other Rural News
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     12 Sep: Farmers are excited at the prospect of converting to growing oats, but it will come down to what the yield per tonne price is
     08 Sep: Some good news for dairy farmers
     05 Jul: Changes to how Fonterra calculates the price of milk
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