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 | Jun 19, 2025 | Forecast, Global
NZ milk production will increase slightly to 21.7bn kg in 2025 according to a new USDA GAIN report. Short-term factors affecting milk trends are strong farmgate milk prices and low interest rates, but New Zealand’s dairy sector continues to adjust to structural...
by Freshagenda | Mar 20, 2025 | Forecast, Global
Fonterra raised profits after tax 8% YOY to NZ$729m in the first half of FY2025 as operating profit jumped 16% to NZ$1.107bn. Earnings per share rose 10% to NZ44c per share and an interim dividend of NZ22c per share will also be paid. The farmgate milk price range for...
by Freshagenda | Nov 21, 2024 | Forecast, Global
Milksolids intake was up 2.8% YOY in October, slightly above the 5-year average, with volume +2.1% for the month. Season-to-date intake is +5% YOY, while volume is 4.2% higher. Seasonal milk production has peaked with excellent seasonal conditions in most regions...
by Freshagenda | Sep 19, 2024 | Forecast, Global
Milk production growth forecast for 2024 was lowered from the prior month in USDA’s September WASDE report. The reduction is due to lower forecast cow inventories and a slower growth rate of milk per cow for the remainder of 2024. The slower growth in milk per cow is...
by Freshagenda | Jun 6, 2024 | Forecast, Global
Fonterra is forecasting milk will total 1,458m kg of milksolids for the new season. Fonterra expects 2023/24 collections of 1,471m kg of milksolids, according to the latest Global Dairy Update. April milk collections were down -4.0% YOY with full seasonal production...
