The price of Whole Milk Powder is up 1.5 percent.

The price of Skim Milk Powder is up 2.2 percent.

The midpoint of Fonterra's forecast farmgate milk price is currently 8-dollars-50 per KG of milk solids.

>> More Rural News

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

22 May: New Zealand farmers are benefiting from a dairy renaissance

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