# Fonterra Shareholders' Fund stock gets stronger milk outlook

> Fonterra raised the midpoint of its 2026/27 farmgate milk price forecast from NZD 9.50 to NZD 9.75 per kilogram of milk solids and narrowed the range to NZD 9.00-10.50. The update followed higher whole milk powder and skim milk powder prices at recent Global Dairy Trade auctions and stronger demand from Southeast Asia, the Middle East, Africa and China.

- Date: 2026-10-31 · published 2026-11-01T06:08:31.603Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/4123-fonterra-shareholders-fund-stock-gets-stronger-milk-outlook
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Stronger powder demand and higher export prices support global dairy prices. This can lift the value of dairy-based feed ingredients.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2019-01-04 | [Analyst: Uncertainty dominates milk price outlook \| Capital Press](https://feedsoft.ai/events/7671-analyst-uncertainty-dominates-milk-price-outlook-capital-press.md) | -1.7% | -2.0% |
| MILK | 2024-04-03 | [GDT bounce-back underpins milk price](https://feedsoft.ai/events/6736-gdt-bounce-back-underpins-milk-price.md) | -4.7% | -5.0% |
| MILK | 2025-11-26 | [State of the Dairy Industry: Cheese, butter “rockin’ out” with record exports \| Dairy Foods](https://feedsoft.ai/events/21957-state-of-the-dairy-industry-cheese-butter-rockin-out-with-record-exports-dairy.md) | -8.1% | -8.3% |
| MILK | 2018-11-27 | [Dairy outlook mixed; recovery may hinge on trade deal with China -  \| Ag Proud](https://feedsoft.ai/events/62052-dairy-outlook-mixed-recovery-may-hinge-on-trade-deal-with-china-ag-proud.md) | -0.1% | -4.4% |
| MILK | 2020-05-21 | [Analysis: Dairy markets continue to trend higher despite strong production - Agriland.ie](https://feedsoft.ai/events/53136-analysis-dairy-markets-continue-to-trend-higher-despite-strong-production.md) | -0.8% | +70.2% |

## Sources

- ad-hoc-news.de: https://www.ad-hoc-news.de/boerse/news/nebenwerte/fonterra-shareholders-fund-stock-gets-stronger-milk-outlook/70440252

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.