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26 Jan 2025 10:23
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  •   Home > News > Rural

    Relief for dairy farmers as Fonterra increases its forecast Farmgate Milk Price - after a shaky end to last year

    Relief for dairy farmers as Fonterra increases its forecast Farmgate Milk Price - after a shaky end to last year


    Fonterra
    Fonterra
    The midpoint's risen from seven-dollars-50 to seven-dollars-80 per kilo of milk solids.

    Fonterra Chief Executive Miles Hurrell says the midpoint pre-Christmas was around six dollars-70, which was below cost-of-production.

    He says they've since had five increases, and they're up about 10-percent from where they were in December, so they're positive signs.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     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
     11 Nov: Good news for Kiwi dairy farmers, and more could be on the way
     06 Nov: Some good news for dairy farmers in today's Global Dairy Trade auction
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