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Fonterra has reduced and narrowed its forecast Farmgate Milk Price, due to falling demand from China

24 February 2023

Fonterra

It's lowered the midpoint from nine-dollars to eight-dollars-fifty.

>> More Rural News

Other Rural News

29 Sep: Synlait's confirmed the sale of its loss-making factory at Pokeno to US company, Abbott

26 Sep: Fonterra doesn't see an end in sight, to the growing demand for dairy

26 Sep: Most dairy farmers are now breaking even again, for now

25 Sep: Fonterra's CEO says cheaper butter prices could be on the horizon

25 Sep: Our largest company has been seeing profits surge, despite a period of contraction in the economy as a whole

25 Sep: Fonterra's latest record-high milk payout may not be repeated this year

25 Sep: Fonterra's announced a 13-percent rise in operating profit

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