News | Rural
8 Nov 2024 1:00
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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
     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
     30 Sep: Fonterra is being sued - accused of greenwashing
     30 Sep: Fonterra's released its latest revised strategy, that will see it focus on selling ingredients to businesses, rather than finished food products to consumers
     25 Sep: Things are looking on the up for the dairy sector
     25 Sep: Christmas is coming early for dairy farmers
     18 Sep: Fonterra is investing 150-million-dollars into a new cool store at its Whareroa site in Taranaki
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