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The new forecast range of $9.50-$10.50 per kgMS reflects the ongoing strength of the global market.� “We’re committed to providing farmers the highest sustainable milk price, so I’m pleased to announce another lift in the forecast for the season,” says Fonterra CEO Miles Hurrell.� “We’re seeing a recovery of demand in Greater China as domestic milk production rebalances and demand from Southeast Asia continues to be strong.� “Looking at supply…
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Fonterra lifts FY25 forecast Farmgate Milk Price, holds earnings guidance
The new forecast range of $9.50-$10.50 per kgMS reflects the ongoing strength of the global market.� “We’re committed to providing farmers the highest sustainable milk price, so I’m pleased to announce another lift in the forecast for the season,” says Fonterra CEO Miles Hurrell.� “We’re seeing a recovery of demand in Greater China as domestic