Fonterra lifts milk price forecast

Date: 23.06.2022Source: Fonterra

Fonterra lifted its 2022/23 forecast Farmgate Milk Price range to NZ$8.75-$10.25 per kgMS, up from NZ$8.25-$9.75 per kgMS. This increases the midpoint of the range, which farmers are paid off, by 50 cents to $9.50 per kgMS.   The co-op also announced a 2022/23 earnings guidance range of 30-45 cents per share and provided an update on the Co-op’s progress towards its long-term aspirations.



Roland Sossna / IDM

Print article (with images) Print article (without images)


Always stay up to date and sign up for our newsletter service: