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11 Aug 2022 15:16
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  •   Home > News > Rural

    Fonterra farmers believe this season's milk price won't budge much from a new midpoint of seven dollars and 55 cents

    Fonterra farmers believe this season's milk price won't budge much from a new midpoint of seven dollars and 55 cents


    Fonterra
    Fonterra
    The dairy co-op shaved five cents off the forecast - which will be finalised later this year.

    Federated Farmers Dairy chairman Wayne Langford says this likely indicates the price won't rise.

    Langford says he was a bit surprised it didn't lift - but farmers will have few complaints.

    Farmers are delighted with next season's record breaking midpoint forecast of eight dollars for next season.

    © 2022 Newstalk ZB, NZCity

     Other Rural News
     24 Jun: Farmers says a stock control bylaw being proposed by the Tasman District Council, will be impossible for farmers to comply with
     23 Jun: Fonterra has lifted its Farmgate Milk Price to a new record high
     22 Jun: Dairy prices have dipped 1.3 percent at the latest Global Dairy Trade auction overnight
     17 Jun: Fertiliser co-operative Ballance say they are beginning to produce their own fertiliser
     08 Jun: Fonterra is buying back 50 million dollars' worth of its own shares
     08 Jun: Fonterra has announced a 50-million dollar share buyback
     08 Jun: Dairy prices have risen in the first Global Dairy Trade auction of the new season
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