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18 Sep 2025 5:14
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  •   Home > News > Rural

    Fonterra has been forced to slash its milk collection forecast

    Fonterra has been forced to slash its milk collection forecast


    Fonterra
    Fonterra
    The company has altered its 2021/2022 forecast down 1.6 per cent to 1.5 billion kilograms of milk solids.

    Chief Executive Miles Hurrell says varied weather and challenging growth conditions earlier in the season have seen milk collections down on the same period the year before.

    He says conditions were expected to improve over the Christmas and New Year period, but this hasn't happened.

    Hurrell says they'll continue to monitor the situation and carefully manage sales.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     17 Sep: Dairy prices have fallen another 0.8 percent at this morning's Global Dairy Trade auction
     26 Aug: A new development, in the sale of Fonterra's consumer arm
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     22 Aug: The Prime Minister's celebrating Fonterra's sale of it's consumer arm to a foreign dairy giant
     21 Aug: The uncertainty isn't over for dairy farmers
     12 Aug: Could iconic Kiwi dairy brands like Anchor and Mainland soon be under French ownership?
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