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Fonterra lifts milk price forecast again

Co-op maintains earnings guidance.

NBR staff
Thu, 24 Feb 2022

Dairy co-op Fonterra has raised its forecast milk price for this season for the fourth time, citing soaring milk powder prices on world markets.

In a statement, Fonterra said its new forecast price range for 2021/22 was up 40c to $9.30-$9.90 a kg of milk solids.

The increase sets the new

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NBR staff
Thu, 24 Feb 2022
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Fonterra lifts milk price forecast again
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