Displaying items by tag: milk price

A downward trend in global dairy prices has triggered a revision of Fonterra’s forecast farmgate milk price for this season.

The 2022-23 farmgate milk price is likely to be one of the strongest on record, says ASB economist Nat Keall.

Resilient global demand for dairy and a weaker New Zealand dollar are pushing this season’s forecast milk price towards a record $10/kgMS.

After a good 2021 season, rising costs are now starting to hit farmers. Baker Tilly Staples Rodway Taranaki rural advisor Amanda Burling says it's time to start planning because the 2023 season could be bumpy.

Successive drops in global dairy prices mean the next season's opening milk price forecast is being trimmed back.

New Zealand’s fledgling dairy goat industry is in turmoil.

Fonterra has announced its half-year results, with net profit down 7% to $364 million.

ANZ has revised its 2021-22 forecast milk price by 50c to $9.30/kgMS.

Fonterra has lifted the mid-point of its forecast milk price for this season by 40c to $8.40/kgMS.

Waikato milk processor Tatua says keeping products moving to overseas customers during the pandemic was one of the highlights of its last financial year.