# Dairy processor Fonterra expects higher milk payout

> Fonterra raised its 2026/27 farmgate milk price forecast to NZ$9.75 per kgMS, equal to about 4.89 euros, with a range of 4.51 to 5.27 euros. The increase follows about 5% and 7% rises in whole milk powder and skim milk powder prices at the last two Global Dairy Trade auctions.

- Date: 2026-11-05 · published 2026-11-05T18:07:21.379Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/82072-dairy-processor-fonterra-expects-higher-milk-payout
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher powder prices from Southeast Asia, the Middle East, Africa and China point to firm global dairy demand and support export-oriented milk values. Stronger payout expectations can lift feed demand from New Zealand dairy farms.

## Read by commodity

- MILK: bullish ▲

## Sources

- landwirt-media.com: https://landwirt-media.com/molkerei-fonterra-erwartet-hoeheren-milchauszahlungspreis/

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