Displaying items by tag: Milk prices

Fonterra's new-season forecast farmgate milk price is "conservative" but the co-op expects the market to rebalance within 6-12 months, says Fonterra chairman John Wilson.

DairyNZ is committed to supporting dairy farmers following the announcement by Fonterra of an opening forecast farmgate milk price of $4.25/kgMS for the 2016-17 season.

New Zealand's second biggest dairy cooperative Westland Milk Products has released a budget for the 2016-17 dairy season of $4.55 - $4.95/kgMS.

The pain New Zealand dairy farmers have endured for two years is now being shared round the world.

The last significant in-season drop in the price of milk to suppliers was in 2008, and that doesn't take a long memory to recall: it is hardly ancient history.

Dairy Australia's next 'Situation and Outlook' report will be released on June 1, as a challenging season for many farmers approaches its end.

The low milk price is starting to bite Australian farmers.

Fonterra has revised its Australia farmgate milk price; from A$5.60/kgMS to A$5.00/kgMS for the current season.

Fonterra's Global Dairy Trade is set to expand its role in online trading and digital services.

The mayor of a district where dairying is a big part of the local economy says he's starting to see problems resulting from the downturn.