UK Dairy Processors Raise Farmgate Milk Prices
Three major UK dairy processors—Arla, Müller and First Milk—have announced increases in the prices they pay farmers, offering improved returns amid stabilising global dairy market conditions. Arla will increase its conventional UK headline milk price by 0.88 pence per litre (ppl) to 38.15ppl from August 2026, while Müller will raise its price for qualifying suppliers…
Global Milk Glut Cuts Fonterra Price Outlook
A global milk surplus is putting pressure on dairy commodity prices, prompting New Zealand dairy cooperative Fonterra to reduce its 2026/27 Farmgate Milk Price forecast. Since May 2026, Global Dairy Trade (GDT) prices for Fonterra’s reference products have fallen by 11%, leading the cooperative to lower its forecast by NZ$0.50 to NZ$9.25 per kgMS, with…
Fiji Moves to Independent Farmgate Milk Pricing
The Fijian Competition and Consumer Commission (FCCC) will independently determine the country’s farmgate milk price, marking a significant step toward greater transparency and fair returns for dairy farmers. The announcement was made by Fiji Cooperative Dairy Company Limited (FCDCL) Chief Executive Officer Vimal Chand following calls from dairy farmers to increase the raw milk price…
New Zealand Milk Output Reaches Record High
New Zealand’s dairy sector is on track for record milk production in 2026, driven by strong global dairy prices, improved farm profitability, and expanding herd numbers. According to industry and USDA forecasts, national milk output is expected to reach approximately 22.1 million metric tonnes, the highest level on record. Average farmgate milk prices are currently…
Rabobank Warns of Dairy Margin Pressure Ahead
Global dairy markets may remain profitable in the 2026/27 season, but rising input costs and geopolitical uncertainty are expected to put significant pressure on farmer margins, according to Rabobank’s latest dairy outlook. RaboResearch senior analyst Emma Higgins said dairy farmers are entering the new season facing a marked squeeze on profitability due to persistent and…