We reviewed Fonterra's milk price manual for the 2024/25 season and published our final report on 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.
Navigate to other months, or scroll down, to see all stages.
Note: these dates are indicative only and are subject to change.
