Milk price manual

The manual is the specific methodology Fonterra uses to calculate its base milk price (also known as the farm gate price – the amount farmers receive for each kilogram of milk solids) for each dairy season. We undertake a review of the manual for each season. This review assesses whether the manual is consistent with the purposes of the milk price monitoring regime as set out in the Dairy Industry Restructuring ACT (DIRA).

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Milk price calculation

At the end of each dairy season, we undertake a review of Fonterra's base milk price calculation. This review assesses whether the calculation is consistent with the purpose of the milk price monitoring regime as set out in the Dairy Industry Restructuring ACT (DIRA).

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