Synlait Aligns Milk Price Forecasts with Fonterra Amid Strengthening Global Dairy Markets

Synlait, a leading processor in the dairy industry, majority-owned by China’s Bright Dairy, has announced an adjustment in its milk price forecasts, now matching the mid-point of competitor Fonterra's predictions.

The adjustment comes as the company witnesses a continued strengthening in global commodity prices. This update follows Synlait's previous announcement made on November 25, 2024, which had indicated an optimistic outlook on the market.

True to its commitment, Synlait is focused on providing a competitive milk price coupled with advanced rates, aiming to sustain an attractive proposition for its farmer suppliers. The company's strategy remains firmly anchored on delivering value on-farm.

Synlait assures that their forecasts are built upon the best available information at any given time. The company emphasizes its ongoing commitment to monitoring market movements closely and ensuring prompt communication of any updates to its farmer suppliers.