What we stand for
The dairy industry is built from the ground up, and we are committed to making a positive difference to our people, our farmers, our customers, our communities and environments where we operate.
Fonterra Australia Managing Director René Dedoncker said that announcing the season’s average farmgate milk price in May will help decisions to be made on farm.
“As our industry and business evolve to deal with a smaller milk pool, we have a stronger focus on servicing local demand which brings greater opportunity for certainty on pricing.
“The broader global supply and demand picture is positive, with demand expected to remain strong across key trading partners and a favourable exchange rate.
“Importantly, it’s a competitive milk price for our Australian farmers that enables us to maintain a sustainable model in Australia and deliver a return on investment for our business,” said Mr Dedoncker.