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Fonterra Australia has today advised its suppliers an opening price of $6.60 per kilogram of milk solids (kgMS) for season 2019/20.

Fonterra farmers participating in the company’s Fixed Base Milk Price will be paid a guaranteed price of $6.80 per kilogram of milk solids (kgMS) for a portion of their milk for the 2019/20 season.

Farmers will again have the option to reduce their exposure to market volatility and assist them to budget, plan, and manage profitability, with Fonterra Australia’s Fixed Base Milk Price now open for applications for the 2019/20 season.

Increase in current farmgate milk price of 7 cents per kilogram of milk solids (kgMS), bringing Fonterra’s average farmgate milk price to $6.05kgMS

Fonterra Australia has today advised its farmers of an increase of 13 cents per kilogram of milk solids (kgMS) to its farmgate milk price for the 2018/19 season, bringing its average farmgate milk price to $5.98kgMS.