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6 Jul 2025 6:32
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  •   Home > News > Rural

    Fonterra says high milk prices have affected its margins

    Fonterra says high milk prices have affected its margins


    Fonterra
    Fonterra
    The dairy co-op's made a half year after-tax profit of 364-million dollars, down 27 million on the same time last year.

    The forecast record farmgate milk price is still $9.30 to $9.90 per kilogram of milk solids.

    Chief Executive Miles Hurrell says Fonterra knew this year was going to be more challenging due expensive milk, which is up almost 30 percent year-on-year.

    He's pleased with the co-op's profit after tax because it shows it's performing well, even in a high milk price environment.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     29 Jun: Dairy farmers are remaining optimistic, despite some road bumps
     04 Jun: Dairy prices are down 1.6 percent at the latest Global Dairy Trade auction
     29 May: Good news for Fonterra dairy farmers - accompanied by a "but"
     29 May: Fonterra's reporting a strong rise in profit, while warning of more global uncertainty on the horizon
     26 May: Farmers are sounding the alarm - warning the sheep industry is collapsing
     25 May: Strong global dairy commodity prices are expected to be good news for farmers this season
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