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28 Jan 2022 13:35
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  •   Home > News > Rural

    Changes to how Fonterra calculates the price of milk

    Changes to how Fonterra calculates the price of milk


    Fonterra
    Fonterra
    The Commerce Commission has updated the framework for the annual base milk price, to conduct two separate reviews each dairy season, instead of one.

    The regime ensures Fonterra pays enough for farmers' milk - but not so high it discourages new processors entering the market.

    © 2022 Newstalk ZB, NZCity

     Other Rural News
     27 Jan: Food company Hello Foods is recalling batches of Natava SuperFoods due to the presence of Salmonella
     27 Jan: Dairy farmers are being urged to get ready for Omicron
     25 Jan: Farmers are creaming it and the economy will benefit
     19 Jan: A pleasant surprise for Fonterra at how much dairy prices have risen at the latest Global Dairy Trade auction
     11 Jan: Fonterra has been forced to slash its milk collection forecast
     18 Dec: Dairy farmers think they could face Covid-19 requirements when milk's picked up in the future
     18 Dec: Fonterra's employees have until the end of the month to say whether they think everyone at the company should be fully vaccinated against Covid-19
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