by Freshagenda | Nov 27, 2025 | Forecast, Global
Earlier in the week, Fonterra reduced its forecast farmgate payout to a midpoint of NZ$9.50kgMS, down from NZ$10.00kgMS. The forecast range was narrowed to NZ$9.00kgMS—NZ$10.00kgMS, from NZ$9.00kgMS—NZ$11.00kgMS. Fonterra CEO Miles Hurrell said increasing global milk...
by Freshagenda | Nov 27, 2025 | GDT, Global
NZ regular WMP settled at US$3,295/t at this week’s GDT Pulse event, down US$150/t from the previous pulse and US$110/t lower than GDT #392 settle price. The expectation was for a lower settle price as the nearest SGX—NZX futures contract settled lower at US$3,245/t....
by Freshagenda | Nov 27, 2025 | Australia, Volume trends
Australian milk production declined 2.4% YOY in October on a difficult-to-beat year-ago comparable. Seasonal production is now tracking 2.3% behind the prior year with peak production in the rearview mirror. October output fell year-over-year across most states. In...
by Freshagenda | Nov 27, 2025 | Australia, Prices
Australian Dairy Farmers Corporation (ADFC) lifted its milk price by 25c, paying $9.55kgMS in July to December and $10.05kgMS for January to June 2026. The revised price is backdated with suppliers receiving payment. Suppliers will receive the revised price from the...
by Freshagenda | Nov 20, 2025 | GDT, Global
GDT Event #392 posted the seventh consecutive overall decline with the index down 3.0% and weaker prices across all products. Butter and AMF led the losses. WMP average prices declined for the sixth consecutive auction. The NZ regular CP2 contract fell by 2% and WMP...