Fonterra has reported that the price of Whole Milk Powder (WMP) fell for the second consecutive month in its online global trading event.

The average price of WMP fell 1.6% to US$3.256 per tonne. Meanwhile, the price of anhydrous milk fat dropped 7.9% to $4,183 a tonne.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

The New Zealand-based dairy giant said that prices have been depressed by expectations of increased output from dairy producers in the northern hemisphere.

“This result is positive given that over the last month dairy prices have been under pressure in Europe and the US,” said Paul Grave, globalDairyTrade manager.

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact