Fonterra’s MD of Co-op Affairs comments on the increased 2024/25 season forecast Farmgate Milk Price -  from $10.00 per kgMS to $10.15 per kgMS, with the range narrowing from $9.70 - $10.30 per kgMS to $10.10 - $10.20 per kgMS. Fonterra has also retained the $10.00 per kgMS forecast for the current 2025/26 season and narrowed the range from $8.00 - $11.00 per kgMS to $9.00 - $11.00 per kgMS.