Fonterra Cuts 2026/27 Milk Price Forecast to $9.25
Fonterra has reduced its forecast 2026/27 Farmgate Milk Price.
Following Federated Farmers Dairy Council last week, the federation's dairy executive and Fonterra board are to meet.
"Our Dairy Council has spent some time on Trading Among Farmers," says Willy Leferink, Federated Farmers Dairy chairperson.
"We've agreed to meet with Fonterra's Board in the next few weeks to go through points our council members have raised.
"Trading Among Farmers is a very big decision and will be a defining point in Fonterra's evolution," Leferink says.
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.
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