Strong Interim Results See Fonterra Boost Farmgate Milk Price to $9.70/kgMS
Fonterra says its interim results show continued momentum in its performance, with revenue of $13.9 billion in the first half of the 2026 financial year.
Blaming farmers for the price of milk is wrong when supermarkets are creaming profits, says New Zealand First primary industries spokesperson Richard Prosser.
“We think it’s insulting to farmers to have fresh milk compared with Coca-Cola. Milk is a food taking skill to produce, whereas Coke is just carbonated water packed with sugar,” says Prosser.
Good on your Prosser.
