$10 milk price still in sight despite global dairy markets softening
A $10 milk price remains on the cards for this season despite recent softening of global dairy prices.
-
font size
decrease font size
increase font size
Global dairy prices have tumbled in the latest Global Dairy Trade (GDT) event.
The GDT price index dropped by 3.8% compared to the previous event; most products suffered a drop in prices.
It is also the third consecutive drop for the GDT price index.
Whole milk powder prices dropped 4.3% to US$3006/metric tonne.
Butter dropped 5.7%, skim milk powder 3.5% and AMF 3.3% down 3.8%
More like this
Record final milk price for Miraka suppliers
Farmers supplying milk to Taupo-based processor Miraka are getting a 2024-25 season base milk price of $10.16/kgMS.
Strong production, tested demand send milk prices crashing
Strong global milk production and rebalancing of demand among key buyers has delivered one of the biggest drops in whole milk powder prices in recent years.
Fonterra lifts milk price forecast to $10.15/kgMS
Fonterra has increased its 2024/25 forecast Farmgate Milk Price from $10/kgMS to $10.15/kgMS.
BNZ lifts milk price forecast to $10.25/kgMS for 2025-26
A stronger than expected outlook for dairy has prompted one bank to lift its 2025-26 season forecast milk price by 75c to $10.25/kgMS.
Popular Reads
Hawke’s Bay farmers donate livestock to support rescue helicopter
A Hawke's Bay farming family of self-confessed 'frequent flyers' has donated the proceeds from their spring lambs.
Dawn Meats confirms no Alliance plant closures
The new majority owner of meat company Alliance has no plans to close any processing plants. Instead, Dawn Meats plans…Waituna Lagoon consent puts farms at risk, Federated Farmers Say
According to Federated Farmers, Environment Southland has mishandled the consent process for Waituna Lagoon, leaving the community with numerous bad…Carrfields invests in new Ashburton R&D hub
The Ashburton-based Carrfields Group continues to show commitment to future growth and in the agricultural sector with its latest investment,…Winston Peters calls Fonterra vote result 'utter madness'
New Zealand First leader and Foreign Affairs Minister Winston Peters has blasted Fonterra farmers shareholders for approving the sale of…Featured
Ashburton Farmer Matthew Paton Elected to Ruralco Board
Ashburton cropping and dairy farmer Matthew Paton has been elected to the board of rural services company, Ruralco.
Rabobank 2026 Outlook: Geopolitics shapes global agriculture
The global agricultural landscape has entered a new phase where geopolitics – not only traditional market forces – will dictate agricultural trade flows, prices, and production decisions.
National Lamb Day set for 2026 return
National Lamb Day is set to return in 2026 with organisers saying the celebrations will be bigger than ever.
Fonterra shaves 50c off forecast milk price
Fonterra has dropped its forecast milk price mid-point by 50c as a surge in global milk production is putting downward pressure on commodity prices.
BNZ: $10 milk price now unlikely for 2025/26 season
The chance of a $10-plus milk price for this season appears to be depleting.
Dairy farmers urged to focus on what they can control amid GDT drops
Keep focused on things that can be controlled on farm.
National
Big day at Clash of the Colleges
Craighead Diocesan, Darfield High School and Christchurch Boys' High School took out the three age groups at the Canterbury Clash…
Farmers’ health hub launches at 2026 East Coast Expo
Farmers' health and wellbeing will take centre stage with a new hub at the 2026 East Coast Farming Expo.B+LNZ announces new farmer council chair
Dannevirke farmer Dan Billing has been announced as the new national chair of Beef + Lamb New Zealand's (B+LNZ) Farmer…Pre-Christmas warning issued to farmers and topdressing pilots
A warning to farmers and topdressing pilots to take extra care as Christmas approaches.Australian teams to help repair North Canterbury irrigators after storm
Moves are afoot to get a team of Australians over here to help repair North Canterbury's irrigation machinery, ravaged by…Machinery & Products
2026 Toyota RAV4 NZ: New line-up, first PHEV & upgraded hybrids
Over the years, the RAV4 has proven to be a vehicle that appeals to all markets, taking the number one…
