Displaying items by tag: milk price

Successive drops in global dairy prices mean the next season's opening milk price forecast is being trimmed back.

New Zealand’s fledgling dairy goat industry is in turmoil.

Fonterra has announced its half-year results, with net profit down 7% to $364 million.

ANZ has revised its 2021-22 forecast milk price by 50c to $9.30/kgMS.

Fonterra has lifted the mid-point of its forecast milk price for this season by 40c to $8.40/kgMS.

Waikato milk processor Tatua says keeping products moving to overseas customers during the pandemic was one of the highlights of its last financial year.

At least one analyst is now predicting an all-time record farmgate milk price this season.

Fonterra has retained its 2021-22 forecast farmgate milk price range of $7.25 - $8.75/kgMS, with a midpoint of $8.

Fonterra says its milk collection for the season just ended almost hit 1,540 million kgMS, 1.5% ahead of the previous season.

Rabobank has joined the group of milk processors and banks forecasting a milk price of $8-plus for the new season.