We are currently reviewing the milk price manual for the 2019/20 season and will publish our final report by 15 December 2019.
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).
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.
13 Dec 2019
Final report on Review of Fonterra’s 2019/20 Milk price manual
15 Nov 2019
Submissions due on draft report on review of Fonterra’s 2019/20 Milk price manual