Fonterra raises 2026/27 season farmgate milk price forecast midpoint
Fonterra Co-operative Group Limited (NZX: FCG) lifted its 2026/27 season farmgate milk price forecast midpoint to NZ$9.50 per kgMS.
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08:43:30 PM UTC
SquawkNews
New Zealand dairy company Fonterra NZX:FCG on Monday raised the lower end of its milk price forecast for the 2026/27 season, citing improvements in global commodity prices.The dairy producer narrowed the annual forecast for farmgate milk price — the price it pays to farmers for milk — to NZ$8.50 to…