Heather du Plessis-Allan DriveJamie Mackay: The Country host on Fonterra lifting the farmgate milk price forecast to $10.15/kgMS
Fonterra has increased its farmgate milk price forecast for the 2024/25 season to $10.15 per kg of milksolids from $10.00/kg, and has narrowed its forecast range for the current season.
The forecast range for 2024/25 has narrowed from $9.70-$10.30 per kilo of milk solids (kgMS) to $10.10-$10.20/kgMS, with the final price to be released alongside the co-op’s final result, due in September.
The Country's Jamie Mackay explains further.
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