# Rising Milk Powder Prices Bring New Zealand Dairy Farmers Closer to $10/kgMS

> At the latest Global Dairy Trade auction, whole milk powder rose nearly 6% to US$3,971 per tonne, its highest level in about 14 months, while skim milk powder gained 3% to US$4,109 per tonne. Following the market gains, Fonterra raised the upper end of its current-season farmgate milk price forecast to NZ$10.50/kgMS, with a midpoint of NZ$9.75/kgMS.

- Date: 2026-11-10 · published 2026-11-11T03:09:41.714Z
- Category: market · region New Zealand · magnitude medium
- Page: https://feedsoft.ai/events/92798-rising-milk-powder-prices-bring-new-zealand-dairy-farmers-closer-to-10-kgms
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md), [Nonfat Dry Milk](https://feedsoft.ai/c/NFDM.md)

## Why it matters

Higher milk-powder prices lift dairy export revenues and can support stronger payments to New Zealand milk suppliers. Continued gains in demand and prices would reinforce upward pressure on farmgate milk values.

## Read by commodity

- MILK: bullish ▲
- NFDM: bullish ▲

## Sources

- dairydimension.com: https://dairydimension.com/rising-milk-powder-prices-new-zealand-10-kgms-farmgate-milk-price/

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