FilingReader Intelligence

Fonterra reports 14.6% New Zealand milk production jump

July 31, 2025 at 03:10 AM UTCBy FilingReader AI

Fonterra reported a 14.6% increase in New Zealand milk production in June to 16.6 million kgMS, driven by favorable weather conditions.

Global Dairy Trade prices rose 2.0% to USD 4,476/MT, with skim milk powder up 3.5% to USD 2,816/MT and whole milk powder gaining 1.8% to USD 3,920/MT.

The company is investing over $64 million in manufacturing upgrades, including boosting Eltham's cheese production capacity by 6,000 metric tonnes annually to meet rising Asian demand.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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