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23 Jan 2026 20:17
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  •   Home > News > Rural

    A recovering China is lifting hopes that Fonterra will continue to piggy-back on growing milk demand

    A recovering China is lifting hopes that Fonterra will continue to piggy-back on growing milk demand


    Fonterra
    Fonterra
    Despite Covid 19 challenges, the dairy co-op has increased its forecast price range to six-dollars 70 to seven-dollars 30 per kilo of milk solids - up from six-dollars 30 to seven-dollars 30.

    CEO Miles Hurrell says the food service trade to China is the stand-out performer so far.

    He says China has bounced back from Covid and its demand for whole milk powder is a key driver of the milk price.

    Other countries are, however, slower to recover.

    © 2026 Newstalk ZB, NZCity

     Other Rural News
     23 Jan: Dairy farmers could be in an earlier-than-expected pay day
     22 Jan: Fonterra's taking its growing organic business south for the first time
     15 Jan: Potential for a dairy price recovery
     15 Jan: Fonterra's boss says farmers are used to volatility in prices and payouts
     26 Dec: Some good news on the horizon for cattle and sheep farmers
     19 Dec: The Reserve Bank's weighing in on the Fonterra deal
     12 Dec: Dairy farmers are being warned they'll be taking a cut in earnings, due to falling global dairy prices
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     Today's News

    Environment:
    The Mount Maunganui tragedy reminds us landslides are NZ’s deadliest natural hazard 20:07

    Business:
    An expectation the official cash rate will be held steady as inflation is higher than expected 18:57

    Politics:
    Gloriavale's condemned private school is remaining open for the time being 18:37

    Environment:
    What is a landslide, how do they happen and where are they most common? 18:17

    Rugby:
    All Blacks prop Tamaiti Williams denies player power was behind the early exit of coach Scott Robertson 18:07

    Soccer:
    To football, and South Island United have claimed their first win in the Oceania Pro League 18:07

    Law and Order:
    Police want to hear from anyone who may have seen a 62-year-old man reported missing from the Invercargill area - last seen two weeks ago 17:27

    Tennis:
    Belarusian world number one Aryna Sabalenka's led the charge into the fourth round at the Australian Open 17:07

    Environment:
    Heavy rain is still causing disruption in parts of the North Island 16:57

    Rugby:
    All Blacks prop Tamaiti Williams has dismissed any suggestions of player power being behind the early exit of New Zealand head coach Scott Robertson 16:17


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