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).

Our role is to ensure that its methodology is consistent with the purpose of the DIRA. What this means is that we assess whether the manual provides an incentive for Fonterra to operate efficiently and that the costs, revenue and other assumptions it factors into the base milk price are practically feasible for an efficient milk processor.

Milk price manual – 2019/20 season

We reviewed the milk price manual for the 2019/20 season and published our final report on 12 December 2019.

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Milk price manual – 2018/19 season

We reviewed the milk price manual for the 2018/19 season and published our final report on 14 December 2018.

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Milk price manual – 2017/18 season

We reviewed the milk price manual for the 2017/18 season and published our final report on 15 December 2017.

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Milk price manual – 2016/17 season

We reviewed the milk price manual for the 2016/17 season and published our final report on 15 December 2016.

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Previous milk price manual reviews

Here you will find the final reports for previous milk price manual reviews.

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