May 15, 2017

On 10 May 2017, Fonterra Australia announced its forecast full year farmgate milk price of $5.30 to $5.70 per kilogram of milk solids (kgMS) for season 2017/18, and that it would make an additional payment of 40 cents per kgMS in response to Murray Goulburn’s recent announcements and its decision to forgive its Milk Supply Support Package.