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15 Aug 2025 21:51
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  •   Home > News > Rural

    Fonterra's fired its opening shot for the 2022/23 season

    Fonterra's fired its opening shot for the 2022/23 season


    Fonterra
    Fonterra
    It's set the opening forecast Farmgate Milk Price for the season at eight-dollars-25 to nine-dollars-75, with a midpoint of nine dollars per kilogram of milk solids.

    Fonterra CEO Miles Hurrell says they're pleased to be able to put out this opening price.

    He says while there's a few clouds on the short term horizon around geopolitical situations and supply chain issues through China, the fundamentals looks strong.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     12 Aug: Could iconic Kiwi dairy brands like Anchor and Mainland soon be under French ownership?
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     25 Jul: Nicola Willis insists her talks with Fonterra about butter prices have been productive
     22 Jul: The Finance Minister's getting face-to-face with Fonterra's boss tonight, over rising dairy prices
     16 Jul: Dairy prices have risen 1.1 percent at the latest Global Dairy Trade auction
     29 Jun: Dairy farmers are remaining optimistic, despite some road bumps
     04 Jun: Dairy prices are down 1.6 percent at the latest Global Dairy Trade auction
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