With global milk prices falling, the question is when will key exporting countries reach a tipping point where production starts to dip.

Fonterra has dropped its forecast milk price mid-point by 50c as a surge in global milk production is putting downward pressure on commodity prices.

OPINION: What goes up must come down. So, global dairy prices retreating from lofty heights in recent months wouldn’t come as a surprise to many farmers.

Plentiful milk supplies from key producer countries are weighing down global dairy prices.

Fonterra says favourable weather conditions supporting pasture growth is boosting milk production.

Fonterra chief executive Miles Hurrell says the 2025 financial year has proven to be one of the co-op’s strongest years yet in terms of shareholder returns.

Strong global milk production and rebalancing of demand among key buyers has delivered one of the biggest drops in whole milk powder prices in recent years.

OPINION: The global dairy market continues to show resilience, and farmers remain cautiously optimistic as we move into the latter half of 2025.

Global dairy prices have ended a two-month run of losses.

OPINION: Nearly four years after buying a 75% stake in Southland processor Mataura Valley Milk (MVM), A2 Milk is still struggling to take the plant to profitability.