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Fonterra milk price forecast hits record high

High milk price puts pressure on earnings.

NBR staff
Fri, 03 Dec 2021

Dairy co-op Fonterra has raised its milk price forecast for the current season for the second time, citing consistent strong demand combined with global supply constraints.

In a statement to the NZX, Fonterra said its new price range for the 2021/22 season was $8.40-$9 a kg of milk solids, up

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NBR staff
Fri, 03 Dec 2021
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Fonterra milk price forecast hits record high
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