New Zealand's dairy giant Fonterra reports lower milk price outlook

NAMPA / Xinhua

2025-11-25

WELLINGTON, Nov. 25 (Xinhua) -- New Zealand's dairy giant Fonterra has cut the midpoint of its forecast farmgate milk price for the 2025/26 season to 9.5 NZ dollars (5.32 U.S. dollars) per kg of milk solids (kgMS), from 10 NZ dollars. The forecast range has been narrowed to 9 NZ dollars-10 NZ dollars per kgMS from 9 NZ dollars-11 NZ dollars previously, it said Tuesday. Fonterra has lifted its forecast milk collections for the season to 1,54......

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