Fonterra Cuts 2026/27 Milk Price Forecast to $9.25
Fonterra has reduced its forecast 2026/27 Farmgate Milk Price.
Fonterra staff moved without fanfare into its new head office on the edge of Auckland's glitzy Viaduct area.
The silent move is unsurprising given the hardships faced by farmers after three consecutive seasons of low payout.
The office in Fanshawe Street brings together staff from four locations. It is leased by the co-op, having been planned several years ago when the payout was favourable.
Wayne and Ange Moxham of Horowhenua have just been named as Fonterra's top organic performer for milksolids. As well as providing organic milk to Fonterra, the couple also sell Udderly Organic milk to more than 100 outlets in the region and are embarking on another exciting venture producing organic gelato. Reporter Peter Burke went along to see their farming operation.
Certainty and a clear understanding of the needs of rural communities is a critical outcome in the series of government reforms that are taking place at present.
Fonterra has reduced its forecast 2026/27 Farmgate Milk Price.
New Zealand dairy farmers are set to be the first in the world to receive access to a new digital physical milk pricing tool that enables them to fix the price for their physical milk.
State farmer Pāmu is opening its farm gates this summer in an effort to give the rural sector the opportunity to see how large-scale, multi-system farming is delivering productivity and profitability across New Zealand.
A five-year study has found that the cost of reducing emissions without technology may be significant and unsustainable for Northland dairy farmers.