Fonterra cuts 2026/27 milk price forecast after Global Dairy Trade price drop

Home / Business / Companies / AgribusinessJamie GrayBusiness Reporter·NZ Herald·12 Jul, 2026 09:00 PM2 mins to read‌Fonterra has cut its milk price forecast for 2026/27. Fonterra has cut its milk price forecast for 2026/27. Fonterra has cut its 2026/27 farmgate milk price forecast on the back of declining prices on the Global Dairy Trade platform. The co-op now says its new forecast is $9.25 per kg of milksolids, down from its $9.75 per kg forecast issued in May, with a new range of $8.00-$10.50 AdvertisementAdvertise with NZME.