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7 Feb 2025 20:59
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  •   Home > News > Rural

    Good news for Kiwi dairy farmers, and more could be on the way

    Good news for Kiwi dairy farmers, and more could be on the way


    Fonterra
    Fonterra
    Fonterra's raising its forecast Farmgate Milk Price midpoint from nine-dollars to nine-dollars-50, on the back of lifts in global dairy prices.

    The dairy co-op's confirmed the sale of its consumer business, and Oceania and Sri Lanka branches.

    The Country's Jamie Mackay says rising demand could push the farmgate midpoint higher.

    He says with Donald Trump's win pushing down the Kiwi Dollar, a midpoint of 10-dollars could be on the table.

    © 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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