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Dairy Economy – FONTERRA INCREASES FY24 FORECAST FARMGATE MILK PRICE

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Fonterra Increases Fy24 Forecast Farmgate Milk Price

Fonterra Co-operative Group Ltd has today increased its 2023/24 season forecast Farmgate Milk Price, with the midpoint lifting by 30 cents to $7.80 per kgMS, up from $7.50 per kgMS. The forecast range for the season increases to $7.30-$8.30 per ... ...

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Fonterra increases FY24 forecast Farmgate Milk Price

Fonterra increases FY24 forecast Farmgate Milk Price
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Fonterra's FY24 farmgate milk price rises by NZ$1.05 over 5 months

Fonterra CEO Miles Hurrel said commodity prices including for WMP have gone up, prompting the co-operative to lift its forecast range by NZ$0.30.

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Fonterra responds to rising dairy prices by lifting milk price forecast

Giant dairy co-operative Fonterra has raised its milk price for farmers by an implied 30 cents to $7.80 per kilogram of milk solids - meaning the early season slump in prices has been almost completely reversed

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Fonterra lifts milk price forecast as dairy prices rise globally

The move follows a lift in demand for dairy products, primarily from the Middle East and South East Asia.

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Fonterra Increases Fy24 Forecast Farmgate Milk Price

Fonterra Co-operative Group Ltd has today increased its 2023/24 season forecast Farmgate Milk Price, with the midpoint lifting by 30 cents to $7.80 per kgMS, up from $7.50 per kgMS. The forecast range for the season increases to $7.30-$8.30 per ...

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