# Strong dairy demand sees Fonterra raise milk price forecast - Agriland.ie

> Fonterra raised its 2026/27 farmgate milk price forecast midpoint from NZ$9.50 to NZ$9.75 per kgMS and narrowed the range to NZ$9.00-$10.50. The co-op cited firmer whole milk powder and skim milk powder prices at Global Dairy Trade, driven by steady demand from Southeast Asia, the Middle East, Africa and China.

- Date: 2026-11-02 · published 2026-11-02T09:08:25.308Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/75226-strong-dairy-demand-sees-fonterra-raise-milk-price-forecast-agriland-ie
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Stronger global dairy powder prices support dairy-derived feed and milk price levels, though the effect on grain and oilseed feed prices is limited. Milk price strength can marginally support dairy-cow feed demand.

## Read by commodity

- MILK: bullish ▲

## Sources

- agriland.ie: https://www.agriland.ie/farming-news/strong-dairy-demand-sees-fonterra-raise-milk-price-forecast/
- dairyreporter.com: https://www.dairyreporter.com/Article/2026/11/02/fonterra-raises-202627-milk-price-forecast-on-stronger-global-dairy-demand/

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