Farmgate milk price in Australia is also impacted by global dairy markets.
Australian dairy farmers pledged to begin negotiations for a fairer milk price for all farmer suppliers, just days after Fonterra appointed a new Aussie boss.
Fonterra Cooperative Group and Australia's biggest dairy processor Murray Goulburn are yet to announce their opening forecast for the new season in Australia.
Theo Spierings has reshuffled the roles of some of his top managers for the third time in a year in changes he says will sharpen the commercial and customer focus at the world's largest dairy exporter. With special feature audio.