What did Fonterra Co-operative Group Limited announce?
Fonterra Co-operative Group Limited (NZX: FCG) filed “Fonterra revises forecast 2026/27 Farmgate Milk Price” with NZX on 20 September 2026, as an operational update announcement.
From the announcement:“Fonterra Co-operative Group Ltd has today revised its forecast Farmgate Milk Price midpoint for the 2026/27 season and narrowed its forecast range, reflecting recent improvements in global dairy commodity prices while retaining a prudent approach to the season ahead.”
- Which company?
- Fonterra Co-operative Group Limited (NZX: FCG)
- When was it filed?
- 20 September 2026
- Where is the original?
- NZX announcement
Fonterra revises forecast 2026/27 Farmgate Milk Price
21 September 2026
Fonterra revises forecast 2026/27 Farmgate Milk Price
Fonterra Co-operative Group Ltd has today revised its forecast Farmgate Milk Price midpoint for
the 2026/27 season and narrowed its forecast range, reflecting recent improvements in global
dairy commodity prices while retaining a prudent approach to the season ahead.
The new forecast midpoint has lifted from $9.25 per kgMS to $9.50 per kgMS, with the forecast
range lifted and narrowed from $8.00 - $10.50 per kgMS to $8.50 - $10.50 per kgMS.
CEO Richard Allen says the increase in the forecast milk price midpoint is supported by recent
improvements in global commodity prices.
“Since our last update in July, Global Dairy Trade auction results for key commodity products,
particularly whole milk powder and skim milk powder, have improved. Globally, we continue to see
strength in demand.
"This improving outlook reflects continued delivery from our focused execution across our B2B
businesses. Geopolitical volatility remains and, with only two months complete, previous seasons
tell us that things can always change,” says Mr Allen.
ENDS
For further information contact:
Fonterra Communications
Phone: +64 21 507 072
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- FSF — Fonterra Shareholders' Fund: Fonterra revises forecast 2026/27 Farmgate Milk Price2026-09-20
“21 September 2026 Fonterra revises forecast 2026/27 Farmgate Milk Price Fonterra Co-operative Group Ltd has today revised its forecast Farmgate Milk Price midpoint for the 2026/27 season and narrowed its forecast range, reflecting recent improvements in global dairy comm…”
- FSF — Fonterra Shareholders' Fund: Global Dairy Update September 20262026-09-30
“026/27 season to be just above 1.6 billion kgMS, and a Farmgate Milk Price of $9.50 per kgMS with a range of $8.50-$10.50 per kgMS. The 2026/27 Organic Milk Price forecast is $14.30 per kgMS within a range of $13.30-$15.30 per kgMS. Having reached the target for earni…”
- FSF — Fonterra Shareholders' Fund: Fonterra provides update on forecast FY26 earnings2026-09-01
“2 September 2026 Fonterra provides update on forecast FY26 earnings Fonterra Co-operative Group has today advised that it expects its FY26 full year underlying earnings 1 to be at the top end of its previously announced range of 60-70 cents per share. “As we look to c…”