Displaying items by tag: milk price

Fonterra has announced a record forecast opening organic milk price of $12.30/kgMS for the new season.

Fonterra has announced an improved third quarter performance – with a profit after tax of $1.15 billion, up $119 million on the same period last year.

The 2025-26 season is set to start on a high and a $10/kgMS opening forecast milk price isn't being ruled out.

Buoyed by strong forecasts for milk prices and a renewed demand for dairy assets, the South Island rural real estate market has begun the year with positive momentum, according to Colliers.

Fonterra farmers are pleased with their co-operative's interim results, says Co-operative Council chair John Stevenson.

Farmgate milk price could stay above $10/kgMS for two consecutive seasons, however, Fonterra is cautioning farmer shareholders to be wary.

Fonterra has reaffirmed a forecast milk price mid-point of $10/kgMS for its farmer shareholders, with just over two months of the 2024-25 season left to run.

With a record $10-plus/kgMS milk price almost locked in for this season, next season isn’t looking too shabby either.

A significant rise in Global Dairy Trade (GDT) auction last week has prompted one bank to lift its forecast milk price for the season to above Fonterra's mid-point.

Canterbury milk processor Synlait Milk has lifted its forecast base milk price for the season by 50c to $10/kgMS.