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31 Dec 2024 6:19
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  •   Home > News > Rural

    Lower demand for whole milk powder in China has caused a flow on effect for kiwi dairy farmers

    Lower demand for whole milk powder in China has caused a flow on effect for kiwi dairy farmers


    Fonterra
    Fonterra
    Fonterra has lowered its season forecast Farmgate Milk Price midpoint by fifty cents - from nine-dollars to eight-dollars-fifty.

    The Country's Rowena Duncum says although it doesn't come as a surprise, it's still disappointing.

    She says some farmers will struggle to break even this season - it will be a really big challenge on top of all the weather issues.

    © 2024 Newstalk ZB, NZCity

     Other Rural News
     16 Dec: An early Christmas present for sheep farmers, with rising export prices for lamb
     05 Dec: Fonterra has raised the midpoint of its forecast Farmgate Milk Price, by 50 cents, to 10 dollars
     20 Nov: Dairy prices have risen another 1.9 percent at this morning's Global Dairy Trade auction
     12 Nov: Another global dairy giant could take over some of Fonterra's most well-known brands
     11 Nov: Good news for Kiwi dairy farmers, and more could be on the way
     06 Nov: Some good news for dairy farmers in today's Global Dairy Trade auction
     22 Oct: A big player in the dairy industry both in New Zealand and abroad, Theo Spierings , has died
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