We are reviewing Fonterra's milk price manual for the 2024/25 season and will publish our final report by 16 December 2024.
The manual is the specific methodology Fonterra uses to calculate its base milk price – the amount farmers receive from Fonterra for each kilogram of milk solids 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).
This view shows the latest stage in the project. Click on the circled dates to see details.
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Note: these dates are indicative only and are subject to change.
16 Dec 2024
Final report published by
15 Nov 2024
Completed
Submissions on the draft report due
15 Oct 2024
Completed
Draft report on Fonterra’s milk price manual published by
