Fonterra is forecasting milk will total 1,458m kg of milksolids for the new season. Fonterra expects 2023/24 collections of 1,471m kg of milksolids, according to the latest Global Dairy Update.
The sanity of Fonterra selling its Consumer Brands business
Fonterra’s recent announcement that it intends to sell its Consumer Brands business. RICKY WILSON / STUFF

Fonterra Forecast Milk Down in 2024-25

Fonterra is forecasting milk will total 1,458m kg of milksolids for the new season. Fonterra expects 2023/24 collections of 1,471m kg of milksolids, according to the latest Global Dairy Update.

April milk collections were down -4.0% YOY with full seasonal production finishing –0.4% behind the season prior. April output fell -8.3% YOY on the North Island due to unfavourable weather conditions across regions with production for the season to date –3.5% behind YOY. In the South Island, April production rose +1.3% YOY due to increased use of feed and good weather with production for the season to date +4.0% ahead of YOY.

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