Fonterra cuts this season’s milk price-lower price for next season

Fonterra cuts this season’s milk price-lower price for next season - Dairy News 7X7

Fonterra announced a lower opening milk price for farmers next season and also cut its forecast for this season as Chinese demand lags behind pre-pandemic levels. The co-operative expects to pay farmers between $7.25 and $8.75 per kilogram of milk solids for the season starting next month. The $8 per kgMS mid-point, which farmers are […]