Displaying items by tag: Milk prices

The forecast farmgate milk price is under more pressure following last week’s steep decline in whole milk powder prices on Global Dairy Trade (GDT).

Farmers have been told that an opening forecast milk price of $8/kgMS this season hinges on China’s demand for whole milk powder (WMP) bouncing back.

Weaker global dairy prices have forced Fonterra to further reduce its 2022/23 season forecast farmgate milk price range by 20c.

The country's second largest milk processor is not rushing to lift its milk price forecast despite a rise in global dairy prices.

OPINION: It's a New Year but apart from that nothing much seems to have changed, at least for farmers.

Weaker demand for dairy, particularly in the key Chinese market, is being blamed for the continued slide in the forecast milk price.

China's weak economic activity is weighing in on global dairy prices.

Fears of a global recession and questions over global demand for milk products are pushing dairy prices down.

Waikato milk processor Tatua has set another record for milk payout.

OPINION: Fonterra's capital structure changes are one step closer to fruition with the Government tabling legislation in Parliament last week.