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Synlait base milk price increase reflects global upwards trend

Author
Newstalk ZB,
Publish Date
Wed, 29 Nov 2023, 10:33am
(Photo / NZ Herald)
(Photo / NZ Herald)

Synlait base milk price increase reflects global upwards trend

Author
Newstalk ZB,
Publish Date
Wed, 29 Nov 2023, 10:33am

A bit of good news for dairy farmers. 

Synlait has upped its forecast base milk price by 25 cents for the 23/24 season, bringing it up to $7.25. 

Richard McIntyre, Chair of Dairy for Federated Farmers, told Mike Hosking that it reflects an upwards trend in the global dairy trade. 

He said that we’re up by 17% over the last couple of months. 

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