Displaying items by tag: farmgate milk price

Fonterra farmers have received several pieces of good news this morning.

Fonterra has announced that it will reduce its 2023/24 season forecast Farmgate Milk Price range.

Successive drops in the price of whole milk powder have prompted Fonterra to revise its forecast milk price for the season.

Farmgate milk price forecasts continue to fluctuate despite a rise in the last Global Dairy Trade (GDT) auction.

Fonterra has lifted its forecast farmgate milk price, hot on the heels of a huge leap in global dairy prices.

Fonterra has announced an opening forecast farmgate milk price of $4.25/kgMS for the 2016/17 season, an increase of 35 cents on the forecast for the current season.

Today's announcement of a further 25c drop in the current season forecast farmgate milk price is a "bitter pill" for farmers to swallow, says Fonterra Shareholders' Council chairman Duncan Coull.

Like a lot of dairy farmers, I am pretty happy about farewelling 2015, and looking ahead to a New Year with better prospects and farmgate milk prices.

Fonterra today maintained a forecast farmgate milk price of $4.60/kgMS.

Independent Waikato dairy company Tatua Cooperative has given its 114 suppliers a financial boost with a final payout of $7.10 per kilogram of milksolids for the 2014-15 season.