# Strong demand: Fonterra raises milk price forecast

> Fonterra raised its forecast milk-price range for the current financial year from NZD 8.50–10.50 to NZD 9.00–10.50 per kilogram of milk solids, lifting the midpoint from NZD 9.50 to NZD 9.75. The cooperative cited strong demand for whole and skim milk powder, particularly in Southeast Asia, the Middle East, Africa, and China, and also increased its organic milk-price forecast.

- Date: 2026-11-07 · published 2026-11-07T18:07:27.946Z
- Category: trade · region New Zealand · magnitude medium
- Page: https://feedsoft.ai/events/86244-strong-demand-fonterra-raises-milk-price-forecast
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Stronger export demand for milk powders supports returns to New Zealand dairy producers despite record milk collections. The higher forecast is bullish for milk prices.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2017-02-28 | [Exports make dairy price forecast good - Brownfield Ag News](https://feedsoft.ai/events/5040-exports-make-dairy-price-forecast-good-brownfield-ag-news.md) | -5.8% | -6.2% |
| MILK | 2016-08-02 | [Milk prices lift as dairy commodity markets rally](https://feedsoft.ai/events/6034-milk-prices-lift-as-dairy-commodity-markets-rally.md) | +12.3% | +10.9% |
| MILK | 2016-08-02 | [Strong increase in dairy prices at latest Global Dairy Trade auction - Agriland.ie](https://feedsoft.ai/events/6036-strong-increase-in-dairy-prices-at-latest-global-dairy-trade-auction-agriland-ie.md) | +12.3% | +10.9% |
| MILK | 2026-05-15 | [Protein Demand, Exports Drive Upturn in Milk Markets \| Dairy News \| lancasterfarming.com](https://feedsoft.ai/events/19419-protein-demand-exports-drive-upturn-in-milk-markets-dairy-news-lancasterfarming.md) | -0.2% | -5.7% |
| MILK | 2020-08-05 | [Restrained Milk Production Bodes Well For Prices, Exports - EDairy News English](https://feedsoft.ai/events/8834-restrained-milk-production-bodes-well-for-prices-exports-edairy-news-english.md) | -21.0% | -19.2% |

## Sources

- topagrar.com: https://www.topagrar.com/rind/news/fonterra-erhoht-milchpreisprognose-20030916.html

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