This follows a 0.8% increase from two weeks ago. Whole milk powder - which has the biggest impact on Fonterra’s farmgate milk price - recorded a solid 3% lift, to an average of US$3559/MT.
Semi-skimmed and skimmed milks have had their fat content reduced, in contrast to ‘whole’ milk, which is full-fat. As fresh milk cannot be kept for more than a couple of days, unopened ...