Dairy prices are up 1.4 percent at the latest Global Dairy Trade auction, while Fonterra's still predicting farmgate milk prices to reach a record 10-dollars fifty mid point, this year.
New Zealand's milk production in 2024 was also the highest in five years.
Fonterra co-operative council chair, John Stevenson, says it's looking really positive from an on-farm perspective.
He says supplementary feed supplies, silage, and crops have had a good start to summer.
