Fonterra Reduces Midpoint Milk Price

Fonterra Reduces Midpoint Milk Price

Fonterra has lowered its forecast Farmgate Milk Price for the 2025/26 season, shifting the range from NZ$9.00–NZ$10.00kgMS to NZ$8.50–NZ$9.50kgMS, with the midpoint reduced from NZ$9.50 to NZ$9.00kgMS. The adjustment reflects ongoing strong global milk flows,...
Fonterra Reduces Midpoint Milk Price

EU: Spot Prices Pause, But Pressure Is On

Spot milk prices in key producing regions have moved sideways in recent weeks following a precipitous fall in value. German spot milk prices have been hovering the mid-30c range for several week, while the Dutch price rebounded from the high 20s last week after...
Fonterra Reduces Midpoint Milk Price

EU Butter, Cheese Prices Fall

The sharp correction in the European butter market continued this week, with strong milk production growth and a counter-seasonal decline in spot milk prices. Cream multiples are at their lowest on record for this time of the year, and spot cream is cheaper than...
Fonterra Reduces Midpoint Milk Price

Dairy Prices Decline

The FAO food price index rose 1.6% to 130.1 with prices increase for meat and vegetable oils offsetting declining dairy prices. The FAO dairy price index fell 0.1% in July, from the prior month to 155.3 points—21.5% higher YOY. The marginal fall is the first since...
Fonterra Reduces Midpoint Milk Price

Fonterra NZ Opens at NZ$10kgMS

New Zealand’s largest dairy cooperative is forecasting a milk price of NZ$10kgMS—both for the opening 2025/26 season price and the full 2024/25 season. The 2025/26 forecast milk price is a wide range, NZ$9.00kgMS—NZ$11.00kgMS. Announcing the opening price, CEO Miles...
Fonterra Reduces Midpoint Milk Price

Fonterra Lifts Earnings Guidance

Fonterra has lifted its FY25 guidance to 55c—75C per share, up from 40c—60c per share and confirmed a payout midpoint of NZ$10kgMS for the current season. CEO Miles Hurrell said the upgrade in guidance is due to the strength of Fonterra’s core ingredient business and...