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10 Feb 2025 9:20
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  •   Home > News > Rural

    Fonterra's fired its opening shot for the 2022/23 season

    Fonterra's fired its opening shot for the 2022/23 season


    Fonterra
    Fonterra
    It's set the opening forecast Farmgate Milk Price for the season at eight-dollars-25 to nine-dollars-75, with a midpoint of nine dollars per kilogram of milk solids.

    Fonterra CEO Miles Hurrell says they're pleased to be able to put out this opening price.

    He says while there's a few clouds on the short term horizon around geopolitical situations and supply chain issues through China, the fundamentals looks strong.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     06 Feb: KiwiRail and Fonterra are celebrating a full return of rail volume to Northland
     29 Jan: Fonterra is investing 150 million-dollars in electrification over the next 18 months
     15 Jan: Good news for dairy farmers - not so good for everyone else
     16 Dec: An early Christmas present for sheep farmers, with rising export prices for lamb
     05 Dec: Fonterra has raised the midpoint of its forecast Farmgate Milk Price, by 50 cents, to 10 dollars
     20 Nov: Dairy prices have risen another 1.9 percent at this morning's Global Dairy Trade auction
     12 Nov: Another global dairy giant could take over some of Fonterra's most well-known brands
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