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23 Feb 2026 23:26
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      Home > News > Rural

    A pleasant surprise for Fonterra at how much dairy prices have risen at the latest Global Dairy Trade auction

    A pleasant surprise for Fonterra at how much dairy prices have risen at the latest Global Dairy Trade auction


    Overall prices are up 4.6 percent.

    The all-important Whole Milk Powder price is up 5.6 percent, with skim milk powder not far behind.

    Fonterra CEO, Miles Hurrell, says the size of the increase took him by surprise, but shows the international market's aware of the dry conditions in New Zealand.

    © 2026 Newstalk ZB, NZCity

     Other Rural News
     20 Feb: Fonterra is raising its forecast payout to farmers, following the latest rise in global dairy prices
     20 Feb: Fonterra's announced an extra dividend for farmers - as it pushes ahead with the sale of its consumer arm
     19 Feb: Confidence green pastures lie ahead for Fonterra, as the sale of brands like Anchor and Mainland nears completion
     18 Feb: Dairy prices have risen another 3.6 percent at this morning's latest Global Dairy Trade auction
     23 Jan: Dairy farmers could be in an earlier-than-expected pay day
     22 Jan: Fonterra's taking its growing organic business south for the first time
     15 Jan: Potential for a dairy price recovery
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