Fonterra lifts forecast milk price mid-point, advance rate
Fonterra has bumped up its forecast farmgate milk price for the season on the back of rising commodity prices and a strong balance sheet.
The milk took out gold in the awards’ best health or wellness drink category on Thursday night in London.
The ‘avocadomilk’ brand is the creation of New Zealand chef, Sachie Nomura.
The milk, said to be a world-first, is created out of avocadoes and oat milk in Hawke’s Bay.
The dairy-free milk “tastes like avocado” and “is good for you like avocado”, according to the avocadomilk website.
Avocadomilk says unlike avocadoes, the milk’s price stays stable and has a long shelf life of 10 months.
The milk is sold in 100 stores in the US, but it is not yet available in New Zealand.
