Early record milk flows
Fonterra is reporting record milk volumes, due to favourable autumn and winter conditions throughout New Zealand.
Fonterra is reporting record milk volumes, due to favourable autumn and winter conditions throughout New Zealand.
Fonterra is recording record milk volumes, due to favourable autumn and winter conditions throughout New Zealand.
Daily milk collection volume is up more than 13% throughout the country compared to last year.
Fonterra Trade and Operations managing director Gary Romano said it was too early in the season to make changes to total milk forecasts. But he said there was no doubt there was “a wave of milk” coming in, and earlier than forecasted.
“The extra milk volumes are putting pressure on the milk collection, manufacturing, and the supply chain, but weather conditions over the remainder of the season could see this change again.
“We know some of our farmers are experiencing disruptions and we are doing everything we can to minimise the impact on their operations and have a number of contingencies in place to manage the milk flow.”