NZ's Fonterra raises milk price forecast for upcoming season
19/02/2026 19:46
Feb 20 (Reuters) - New Zealand dairy giant Fonterra Co-operative Group FCG.NZ on Friday lifted its milk price forecast range for the 2025/2026 season. The dairy producer raised its annual forecast range for farmgate milk price — the price it pays to farmers for milk — to NZ$9.20-NZ$9.80 per kilogram of milk solids (kgMS) from prior expectations of NZ$8.50-NZ$9.50 per kgMS. (Reporting by Nichiket Sunil in Bengaluru) ((Nichiket.Sunil@thomsonreuters.com;))
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