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3 Aug 2025 7:56
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  •   Home > News > Rural

    Nicola Willis insists her talks with Fonterra about butter prices have been productive

    Nicola Willis insists her talks with Fonterra about butter prices have been productive

    25 July 2025

    Fonterra
    Fonterra
    The Finance Minister has been talking with the dairy co-op about why the price of butter has almost doubled in the past 14 months.

    Fonterra's pointed to the widely-reported rise in international prices, and said it wouldn't sell butter to New Zealanders at a lower price than it can make overseas.

    Willis says she still thinks the conversation was useful.

    She says it's good for Fonterra to be talking about why the price of butter is what it is.

    © 2025 Newstalk ZB, NZCity


     Other Rural News
     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
     29 May: Good news for Fonterra dairy farmers - accompanied by a "but"
     29 May: Fonterra's reporting a strong rise in profit, while warning of more global uncertainty on the horizon
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