Review of Milk Price Calculation 2017/18 season

Under Section 150O of the Dairy Industry Restructuring Act 2001 (as amended July 2012) the Commission must review Fonterra’s calculation of the base milk price for each season and report on the extent to which it is consistent with the purpose set out in section 150A of the Act.

To assist the Commission’s review, Fonterra must provide (by 1 July each year) the assumptions adopted and the inputs and processes used by Fonterra in calculating the base milk price for the preceding season. Fonterra must also provide certification (including reasons) that the assumptions, inputs and processes are consistent with the purpose set out in section 150A of the Act.

The Commission is required to make its final report by 15 September each year.

Project timeline

Type Description Indicative date/s
Completed Independent report on asset beta published 11/04/2018
Completed Submissions on independent asset beta report due 09/05/2018
Completed Emerging views paper published 14/06/2018
Draft Draft paper published 15/08/2018
Final Final paper published 14/09/2018

Disclaimer

These dates are not official and may change. Please see the Terms and Conditions for further limitations.

Documents

Independent report on asset beta

11/04/2018 (1 documents)

CEPA – Asset Beta report – 28 March 2018 PDF (2.9 MB)
Published on 11 April 2018

Review process update

28/03/2018 (1 documents)

Notification email – Process update for 2017/18 milk price review – 28 March 2018 PDF (203 KB)
Published on 28 March 2018