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Tuesday, February 13, 2024
Fonterra increases FY2024 forecast farmgate milk price
Fonterra Co-operative Group Ltd has increased its 2023/24 season forecast Farmgate Milk Price on February 12, with the midpoint lifting by 30 cents to $7.80 per kgMS, up from $7.50 per kgMS.
Monday, October 9, 2023
Fonterra revises FY2024 forecast farmgate milk price
Fonterra Co-operative Group Ltd raised on October 9 the 2023/24 season forecast Farmgate Milk Price range to $6.50 - $8.00 per kgMS, with a new midpoint of $7.25 per kgMS, up 50 cents.
Tuesday, August 8, 2023
Fonterra revises its FY24 forecast farmgate milk price
Fonterra Co-operative Group has reduced its 2023/24 season forecast farmgate milk price range from AUD 7.25 – AUD 8.75 (~US$4.73 – US$5.71; AUD 1 =US$0.65) per kgMS, with a midpoint of AUD 8.00 (~US$5.22) per kgMS, to AUD 6.25 & ...
Thursday, May 25, 2023
Fonterra updates farmgate milk price, brings forward capital return payment date
Fonterra has announced on May 25 an opening 2023/24 season forecast Farmgate Milk Price of $7.25 to $8.75 per kgMS, with a midpoint of $8.00 per kgMS, updated its current season forecast Farmgate Milk Price, increased its full year earnings ...
Saturday, November 5, 2022
Fonterra to pay US$16 million to settle class action lawsuit over milk payment cuts
Fonterra has agreed to pay AUD 25 million (~US$16 million; AUD 1 = US$0.64) to settle a class action lawsuit filed against the company by Australian dairy farmers over reduced milk payments in 2016, Stuff New Zealand reported.
Friday, September 9, 2022
Fonterra lifts 2023 earnings guidance and revises milk collections
Fonterra Co-operative Group Limited announced on September 9 it has revised its 2023 forecast earnings guidance to 45-60 cents per share, up from 30-45 cents per share. It has also revised its forecast milk collections for the 2022/23 seaso ...
Monday, August 1, 2022
Fonterra to close milk powder plant in South Island, New Zealand
Fonterra has announced on August 1 it will be closing a milk powder plant at its site in Brightwater, South Island, New Zealand.
Monday, July 18, 2022
Fonterra welcomes Milk-E, New Zealand's first electric milk tanker
New Zealand's first electric milk tanker, Milk-E, has been officially launched by the country's Minister for Energy and Resources, Dr. Megan Woods, in Morrinsville.
Monday, May 9, 2022
Fonterra revises 2021/22 forecast Farmgate Milk Price
Fonterra Co-operative Group Limited revisedon May 9 its 2021/22 forecast Farmgate Milk Price range from $9.30-9.90 per kgMS to $9.10-9.50 per kgMS.
Tuesday, January 25, 2022
Fonterra lifts forecast for Farmgate Milk Price range
Fonterra Co-operative Group lifted on January 25 its 2021/22 forecast Farmgate Milk Price range to NZ$8.90-9.50 (US$5.94-6.34) per kgMS, up from NZ$8.40-9.00 (US$5.61-6.01) per kgMS.
Tuesday, January 11, 2022
Fonterra revises milk collection forecast
Fonterra Co-operative Group Limited revised on January 11 the forecast for its 2021/22 New Zealand milk collections to 1,500 million kilogrammes of milk solids (kgMS), down from its opening forecast of 1,525 million kgMS.
Tuesday, October 26, 2021
Fonterra increases 2021/22 forecast Farmgate Milk Price
Fonterra Co-operative Group Limited increased and narrowed its forecast Farmgate Milk Price range on October 26 to NZD$7.90- 8.90 (US$5.66-6.38) per kgMS, from NZD$7.25-8.75 (US$5.19-6.27) per kgMS.
Thursday, May 27, 2021
Fonterra sets opening 2021/22 forecast Farmgate Milk Price, updates on business performance
Fonterra announced on May 26 an opening forecast Farmgate Milk Price range for the 2021/22 season of $7.25-8.75 per kgMS, with a midpoint of $8 per kgMS.
Monday, March 8, 2021
Fonterra lifts 2020/21 forecast Farmgate Milk Price range
Fonterra Co-operative Group Limited has lifted its 2020/21 forecast Farmgate Milk Price range on March 5 to NZD$7.30-7.90 (US$5.23-5.66) per kgMS, up from NZD$6.90-7.50 (US$4.94-5.37) per kgMS.
Thursday, February 25, 2021
Fonterra details how farmers will be paid for sustainable milk
Fonterra has released details of how it will pay its farmers for producing sustainable, high quality milk as part of its Co-operative Difference framework.

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