Synlait sets strong opening milk price for 2025/26 season NZ$10 per kgMS aligns with Fonterra, signals market optimism9 June 2025 9 June 2025 1 minute read 1 minute read By: By: Global Ag Media OceaniaNew Zealand's Synlait Milk set its opening base milk price for the 2025/26 season at NZ$10 per kilogram of milk solids (kgMS) on Friday, representing a 25% rise from the NZ$8 per kgMS forecast for the 2024/25 season. The projection is based on continued optimism regarding prices and aligns with the industry rates, thedairy producer said. Last week, competitor Fonterra projected steady market demand in the near term and announced a preliminary farmgate price estimate of NZ$10 per kgMS for the 2025/26 season. In its March half-year results, Synlait Milk reported a net profit of NZ$4.8 million ($2.90 million), reversing a loss from the previous year. However, the company cautioned that the second half might be weaker due to cost-cutting efforts and other headwinds.