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31 Aug 2025 13:05
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  •   Home > News > Rural

    Fonterra remains wary about the state of the global dairy market

    Fonterra remains wary about the state of the global dairy market


    Fonterra
    Fonterra
    It's providing a broad range for its forecast Farmgate Milk Price this coming season, over ongoing uncertainty on Chinese demand and global conditions.

    Its midpoint of 8-dollars is about 50 cents lower than futures markets and banks had expected.

    Fonterra Chief Executive Miles Hurrell says they want to temper expectations now, rather than cut forecasts down the track, as happened last year.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     26 Aug: A new development, in the sale of Fonterra's consumer arm
     23 Aug: Fonterra farmers are being tight-lipped on how they feel about selling its largest brands - including Anchor and Mainland
     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?
     06 Aug: Dairy prices have risen 0.7 percent at the latest Global Dairy Trade auction overnight
     25 Jul: Nicola Willis insists her talks with Fonterra about butter prices have been productive
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