Fonterra updates forecast farmgate milk price after GDT results

Fonterra co-op has updated its forecast 2026/2027 farmgate milk Price following declining prices at recent Global Dairy Trade (GDT) auctions. The New Zealand dairy processor said the revised forecast is $9.25 per kilograms of milk solids (kgMS), with a new range of $8.00 – $10.50 per kgMS. This is down from the opening forecast of […] The post Fonterra updates forecast farmgate milk price after GDT results appeared first on Agriland.ie.