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9 Feb 2026 7:42
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  •   Home > News > Rural

    Fonterra is still assessing whether rising global prices will push up its Farmgate Milk forecast

    Fonterra is still assessing whether rising global prices will push up its Farmgate Milk forecast


    Fonterra
    Fonterra
    Prices rose again overnight at the Global Dairy Trade auction -- with Whole Milk Powder up 3.4 percent, and overall prices up 4.2.

    The forecast farmgate price midpoint has sat on seven-dollars-50 since December.

    Chief Executive Miles Hurrell says it'll be reviewed in the next few days.

    He says they will also take a close look at their numbers when they release their interim results next month.

    © 2026 Newstalk ZB, NZCity

     Other Rural News
     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
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     26 Dec: Some good news on the horizon for cattle and sheep farmers
     19 Dec: The Reserve Bank's weighing in on the Fonterra deal
     12 Dec: Dairy farmers are being warned they'll be taking a cut in earnings, due to falling global dairy prices
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