What is the current Fonterra payout?

Fonterra today announced an opening forecast Farmgate Milk Price range for the 2021/22 season of $7.25 – $8.75 per kgMS, with a midpoint of $8 per kgMS. “At this point it would see the Co-op contributing more than $12 billion to the New Zealand economy next season.

How much do farmers get paid per Litre of milk NZ?

Rattray points out that with Fonterra’s forecast milk price of $7/kgMS for this season, NZ farmers are getting about US41c/L for milk. Farmers in the US get 34c/L, in Europe US37c/L and in Australia US34c/L.

What does Fonterra pay for milk?

Fonterra has raised its forecast farmgate milk price for the current dairy season for the second time in as many months. The dairy giant now expects to pay farmers between $7.30 and $7.90 per kilogram of milk solids, which is a 40 cent increase on the previous guidance it issued in February.

Who owns Fonterra NZ?

Who owns Fonterra? Fonterra is a Co-operative dairy company owned by more than 11,000 New Zealand dairy farmers.

Why has Fonterra share price dropped?

Dairy giant Fonterra has defended the slump in its share price brought on by its capital restructure plans. The co-operative’s share price tanked since it began consulting on its plan in early May, falling 30 percent to $3.15 from $4.56 per share.

Is Dry Milk milk powder?

Powdered milk, also called dry milk, is made by removing the moisture from regular milk, turning it into a powder ( 1 , 2). Due to its low moisture content, powdered milk doesn’t have to be refrigerated and has a much longer shelf life than liquid milk ( 3 ).

How much do farmers get paid?

According to salary data for farmers, ranchers and other agricultural managers from May 2016, the average salary is $75,790 a year. In contrast, they make a median salary of $66,360, with half getting lower salaries and half being paid more.

How can I start a dairy milk business?

8 Things You Need to Know Before Starting Your Own Dairy Farm

1. Develop a Business Plan and SWOT Analysis.
2. Consult the Experts.
3. Create a Cropping and Feeding Program.
4. Create a Waste Management Plan.
5. Build Your Equity Over Time.
6. Dairy Farming is a Biological System.
7. One Size Does Not Fit All.
8. You are a Manager First.

What is a farmgate milk price?

Over the medium-term, the farm gate milk price is projected to remain relatively steady at around 49¢/litre in 2025-26. It is expected to range between 48.9 and 51.3¢/litre under the forecast scenarios.

Does China own Fonterra?

Inner Mongolia Natural Dairy Co, a subsidiary of China Youran Dairy Group Limited, has agreed to purchase Fonterra’s two farming-hubs in Ying and Yutian for NZ$513 million. China currently receives about one quarter of Fonterra’s productions.

Can I buy Fonterra shares?

Shares can be purchased from other farmer shareholders at the current market price using the Fonterra Shareholders’ Market or privately through an off-market transaction (e.g. as part of a farm sale). At least 1,000 shares must be registered in your name before milk will be collected.

What products do Fonterra make?

Fonterra