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Synlait updates forecast base milk price

Operational Update26 November 2025SMLConsumer Staples

Synlait Milk Limited · 1028 Heslerton Road, RD13 Rakaia, Canterbury, New Zealand · +643 373 3000 · www.synlait.com





NZX: SML

ASX: SM1



27 November 2025


Synlait updates forecast base milk price


Synlait Milk Limited (Synlait) has updated its forecast base milk price for the current (2025/26) season.


The base milk price now sits at $9.50 per kgMS, a decrease from $10.00 per kgMS. It excludes the

additional incentives Synlait pays farmers for best practice and special milks.


For more information contact:

Jo Scott

Corporate Affairs Manager

P: +64 021 883 123

E: jo.scott@synlait.com

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