Fonterra steps down milk price, offers loan support

Updated May 24 2016 - 12:40pm, first published May 5 2016 - 11:48am
To support farm production for the remainder of the season, Fonterra suppliers will be able to borrow up to $0.60 kgMS based on actual milk that is supplied to Fonterra in May and June this season
To support farm production for the remainder of the season, Fonterra suppliers will be able to borrow up to $0.60 kgMS based on actual milk that is supplied to Fonterra in May and June this season

Fonterra Australia has today revised its farmgate milk price, meaning that the full 2015/16 season price will be reduced from A$5.60 per kilogram of milk solids to A$5 per kgMS.

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