Dairy giant Fonterra has announced its forecast for raw milk purchase prices for the 2025/26 season, with the expected price range further narrowed to NZD 9.60 to NZD 9.80 per kilogram.
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The narrowed price range this time also, to some extent, reflects Fonterra's latest assessment of factors affecting the global dairy supply and demand situation and raw milk costs in the new production season, providing cooperative dairy farmers with clearer pricing guidance for their subsequent production planning.
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