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Anhydrous Milk Fat (AMF)
Trading Event 397 will begin at 12:00 hours UTC/GMT on Tuesday, 03 February, which is 01:00 NZDT on Wednesday, 04 February 2026
Fonterra NZ Offer Quantities and Starting Prices AMF
| Shipment Months at Seller Ports | ||||||
Contract 1(Mar 26) | Contract 2(Apr 26) | Contract 3(May 26) | Contract 4(Jun 26) | Contract 5(Jul 26) | Contract 6(Aug 26) | |
| Anhydrous Milk Fat (AMF) | ||||||
| Sales Group Minimum Supply (MT) | 250 | 1015 | 520 | 315 | 0 | 0 |
| Sales Group Maximum Supply (MT) | 275 | 1125 | 575 | 350 | 0 | 0 |
| Product Minimum Supply (MT) | ||||||
| Regular 210kg drum - NZ/AU | 0 | 0 | 0 | 0 | 0 | 0 |
| Premium 210kg drum - NZ | 0 | 0 | 0 | 0 | 0 | 0 |
| Premium 1000kg bin - NZ | 0 | 0 | 0 | 0 | 0 | 0 |
| Product Maximum Supply (MT) | ||||||
| Regular 210kg drum - NZ/AU | 275 | 1125 | 575 | 350 | 0 | 0 |
| Premium 210kg drum - NZ | 275 | 1125 | 575 | 350 | 0 | 0 |
| Premium 1000kg bin - NZ | 275 | 1125 | 575 | 350 | 0 | 0 |
| Starting Price (USD/MT, FAS) | ||||||
| Regular 210kg drum - NZ/AU | $5,515 | $5,195 | $5,205 | $5,085 | — | — |
| Premium 210kg drum - NZ | $5,590 | $5,270 | $5,280 | $5,160 | — | — |
| Premium 1000kg bin - NZ | $5,615 | $5,295 | $5,305 | $5,185 | — | — |
Forecast Information - Fonterra NZ AMF
| Forecast Offer Quantities (MT) | ||||||
| Trading Event | TE 398 | TE 399 | TE 400 | TE 401 | Forecast | Change on Previous Forecast |
| Date | 18 Feb 26, NZDT | 04 Mar 26, NZDT | 18 Mar 26, NZDT | 08 Apr 26, NZST | ||
| Fonterra | 12 Month | |||||
| Contract 1 | 275 | 250 | 250 | 300 | 6,500 | 0 |
| Contract 2 | 1,125 | 1,075 | 1,075 | 1,075 | 27,515 | 0 |
| Contract 3 | 575 | 550 | 550 | 505 | 19,285 | 0 |
| Contract 4 | 350 | 325 | 325 | 125 | 11,650 | 0 |
| Contract 5 | 0 | 0 | 0 | 0 | 0 | 0 |
| Contract 6 | 0 | 0 | 0 | 0 | 0 | 0 |
| Totals | 2,325 | 2,200 | 2,200 | 2,005 | 64,950 | 0 |
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