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25 Dec 2025 10:55
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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
     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
     04 Dec: Fonterra is getting closer to selling off its consumer brands like Anchor and Mainland
     03 Dec: The fall in global dairy prices continues
     01 Dec: A number of farms are converting to dairy, but cow numbers still lag behind previous peaks
     28 Nov: Farmers are turning out more milk with fewer cows
     25 Nov: Fonterra still expects most dairy farmers to break even this season
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