The new forecast range of $9.50-$10.50 per kgMS reflects the ongoing strength of the global market. “We’re committed to providing farmers the highest sustainable milk price, so I'm pleased to announce another lift in the forecast for the season,” says Fonterra CEO Miles Hu...
“Since announcing our opening FY25 season forecast Farmgate Milk Price in May, GDT prices have improved. We’ve reflected this in our revised forecast range, with our midpoint lifting 50 cents to $8.50 per kgMS.” “It’s still early in the season, with a ...
Fonterra CEO Miles Hurrell says there are positive signals for milk price. “It is still very early in the season and a lot can change. There are a number of factors we are keeping a close eye on, which is why we’ve retained a wide forecast milk price range. “These factors include ...
Fonterra: On April 2, the global dairy trade (GDT) auction price index increased by 2.8%, and the average FAS auction price for each contract period for milk powder was 3,558 US dollars/ton. The price index for wholesale milk powder increased by 3.4%, and the average price of wholesale...
The article reports on the effect of the high price of the New Zealand dollar on the payout of food company Fonterra Brands to farmers. The company is still holding to a New Zealand $4.05 per kilogram milk solid payout forecast. According to Fonterra chairman Henry van der Heyden, he is...
Membrane technology, Milk, Infant feeding, Dairy products, Nutrition Grant LatestFonterraNews Butyric Acid Market Size Worth USD 634.55 Million by 2034 Driven by Rising Demand Across Animal Feed and Pharmaceutical Industries May 5, 2025 Butyric Acid Market Overview A chemical component called butyric ac...
International dairy prices continued to reverse gains made early this year at this morning’s GlobalDairyTrade (GDT) auction, putting downward pressure on Fonterra’s $4.70 a kg farmgate milk price forecast and raising concerns about next season’s likely payout. The GDT price index fell by 10...
Fonterra today revised its 2022/23 forecast Farmgate Milk Price range from NZ$8.75-$10.25 per kgMS to NZ$8.50-$10.00 per kgMS. This reduces the midpoint of the range from NZ$9.50 to NZ$9.25 per kgMS, however the current advance payment rate of NZ$5.70 per kgMS is unchanged. ...
“The opening forecast Farmgate Milk Price for next season of $7.25 to $8.75 per kgMS, with a midpoint of $8.00 per kgMS, reflects an expectation that China’s demand for whole milk powder will lift over the medium-term. ...
Fonterra has narrowed its 2019/2020 forecast Farmgate Milk Price range for the season to $7.10 - $7.30 per kgMS, with a mid-point of $7.20 per kgMS. This will see the Co-op contribute about $11 billion to the New Zealand economy through milk price for the year. ...