Farmgate Milk Price

Fonterra 2017 revenue up but profits fall 15%

25-Sep-2017 By Jim Cornall

Fonterra has announced its 2017 annual results, which show revenue up to NZ$19.2bn (US$14bn), but net profit after tax dropped by NZ$745m (US$542m), an 11% reduction.

Fonterra optimistic as milk price increases

24-May-2017 By Jim Cornall

Fonterra Co-operative Group has increased its 2016/17 forecast Farmgate Milk Price to NZ$6.15 (US$4.31) per kgMS.

Fonterra first half profits rise

23-Mar-2017 By Jim Cornall

Fonterra ended the first half of its 2017 financial year with revenue up 5% to NZ9.2bn (US$6.5bn) on the same period last year, and net profit after tax up 2%.

NFU Scotland says milk buyers ignoring higher prices

03-Oct-2016 By Jim Cornall

National Farmers’ Union (NFU) Scotland is calling on all Scottish companies purchasing milk to immediately recognize the strength of current dairy markets and return Scotland’s dairy farmers to profitable production.

Fonterra predicts reduction in milk collection

02-Aug-2016 By Jim Cornall

Fonterra Co-operative Group Limited says there is no change to its forecast farmgate milk price, and that less milk is being produced globally.

Fonterra drops milk price again

08-Mar-2016 By Jim Cornall

Fonterra has reduced its forecast farmgate milk price for the 2015/16 season by 6% from $2.80 (NZ$4.15) per kgMS to $2.63 (NZ$3.90) per kgMS.

First Milk drops prices again

05-Aug-2014 By Jenny Eagle

First Milk has made further price cuts based on what it claims are falling commodity prices and continued decline in UK market returns.

Wiseman ups farmgate milk payout, sales on track

30-Mar-2005

UK milk processor Robert Wiseman Dairies has confirmed that its
full year results will be in line with analysts' expectations and
has pledged to up its average farmgate milk price for the first
time in over a year, Tom Armitage...