Displaying items by tag: milk price

Buoyed by strong forecasts for milk prices and a renewed demand for dairy assets, the South Island rural real estate market has begun the year with positive momentum, according to Colliers.

Fonterra farmers are pleased with their co-operative's interim results, says Co-operative Council chair John Stevenson.

Farmgate milk price could stay above $10/kgMS for two consecutive seasons, however, Fonterra is cautioning farmer shareholders to be wary.

Fonterra has reaffirmed a forecast milk price mid-point of $10/kgMS for its farmer shareholders, with just over two months of the 2024-25 season left to run.

With a record $10-plus/kgMS milk price almost locked in for this season, next season isn’t looking too shabby either.

A significant rise in Global Dairy Trade (GDT) auction last week has prompted one bank to lift its forecast milk price for the season to above Fonterra's mid-point.

Canterbury milk processor Synlait Milk has lifted its forecast base milk price for the season by 50c to $10/kgMS.

A record $10/kgMS forecast milk price is a great Christmas present for Fonterra farmers, says Federated Farmers Waikato dairy chair Matthew Zonderop.

ANZ agricultural economist Susan Kilsby is describing the 2024-25 dairy season as ‘a cracker’.

Fonterra farmers are in line for a record milk price of $10/kgMS this season.