Fonterra head attributes rising butter prices to global demand

Thursday 29 May 2025 · 7 outlets · 3 reports · updated Thu 29 May 2025, 2:56pm

In this story Stats NZ, Fonterra, Miles Hurrell

Fonterra's chief executive says international demand is driving up butter prices, despite consumer frustration. The company reported an 11 per cent profit increase to $1.08 billion for the nine months ended April. The co-operative stated it must reflect market trends to provide returns for its farmer owners.

How they headlined it

1:28pm2:15pm2:56pm

1. The Press via RNZThu 29 May 2025, 1:28pm

   Fonterra boss blames soaring butter prices on global demand (opens in new tab)

   Also on RNZ (opens in new tab), Waikato Times (opens in new tab), Stuff (opens in new tab), The Post (opens in new tab)

2. 1News via RNZThu 29 May 2025, 2:15pm

   Soaring butter prices due to global demand, Fonterra boss says (opens in new tab)

3. Otago Daily TimesThu 29 May 2025, 2:56pm

   Dairy boss blames soaring butter prices on global demand (opens in new tab)