NZD – ANZ have lifted their milk price forecast to $8.20/kg MS (from $7.70)

ANZ have revised their farmgate milk price forecast for the 2021-22
season by 50c to $8.20/kg MS

From ANZ’s report (in brief):

  • Dairy commodity prices have trended higher as the season has progressed. Often prices weaken at this time of the season, but this season prices have instead firmed.
  • …  we don’t see further upside in these prices in the immediate term

NZD update:

ANZ have revised their farmgate milk price forecast for the 2021-22season by 50c to $8.20/kg MS

Earlier re NZD:

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