Fonterra’s Australian milk intake increased by 1.5% year-on-year in December, reaching 11.0 million kg of milk solids, driven by strong production in Northern Victoria.
Fonterra, a leading multinational dairy cooperative based in New Zealand, reported a 1.5% year-on-year increase in its Australian milk intake for December, reaching 11.0 million kg of milk solids. The company, known for its global dairy supply chain and strong presence in Australia, attributed this growth to favorable production conditions in Northern Victoria.
The increase in milk supply was driven by stable feed availability and sufficient irrigation water, supporting higher yields from dairy farmers. As a result, Fonterra’s season-to-date milk collections are now 1.7% ahead of the previous year, reflecting the company’s ability to efficiently manage dairy production despite market fluctuations.
Fonterra has been implementing strategic improvements in milk collection and production efficiencies to enhance its dairy operations. This steady rise in supply signals positive momentum for Australia’s dairy industry, reinforcing the sector’s resilience and potential for further growth in the coming months.
