Fonterra Cuts 2026/27 Milk Price Forecast to $9.25
Fonterra has reduced its forecast 2026/27 Farmgate Milk Price.
OPINION: This old mutt reckons that Fonterra must be learning its PR tricks from the Government.
Since time immemorial, governments who want to bury bad news, release it late on the eve of a holiday or long weekend.
So, accordingly, Fonterra announced that it had finally sold its disastrous investment in its China Farms with a media release sent out at 4.26pm on Easter Thursday eve - when most news organisations around the country had already broken up for the Easter Weekend.
And the spinning didn't stop there.
Despite everyone knowing the dairy co-op's 'investment' in its Chinese farms have been a complete financial and practical cluster, chief executive Miles Hurrell uttered this bull manure: "Fonterra has contributed to the development of the Chinese dairy industry by establishing these farms and we're pleased to now hand ownership over to Youran for the next phase of development".
Retiring MP and dairy farmer Mark Cameron is blasting the Green Party for proposing to ban the use of synthetic fertiliser and cutting cow numbers.
A huge reduction in ACC claims from on-farm accidents over the last five years is due to thousands of small, practical decisions being made in sheds, yards, paddocks and around kitchen tables across the country, says Safer Farms ambassador Lindy Nelson.
Wayne and Ange Moxham of Horowhenua have just been named as Fonterra's top organic performer for milksolids. As well as providing organic milk to Fonterra, the couple also sell Udderly Organic milk to more than 100 outlets in the region and are embarking on another exciting venture producing organic gelato. Reporter Peter Burke went along to see their farming operation.
Certainty and a clear understanding of the needs of rural communities is a critical outcome in the series of government reforms that are taking place at present.
Fonterra has reduced its forecast 2026/27 Farmgate Milk Price.
New Zealand dairy farmers are set to be the first in the world to receive access to a new digital physical milk pricing tool that enables them to fix the price for their physical milk.

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