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Anhydrous Milk Fat (AMF)
Trading Event 394 will begin at 12:00 hours UTC/GMT on Tuesday, 16 December, which is 01:00 NZDT on Wednesday, 17 December 2025
Fonterra NZ Offer Quantities and Starting Prices AMF
| Shipment Months at Seller Ports | ||||||
Contract 1(Jan 26) | Contract 2(Feb 26) | Contract 3(Mar 26) | Contract 4(Apr 26) | Contract 5(May 26) | Contract 6(Jun 26) | |
| Anhydrous Milk Fat (AMF) | ||||||
| Sales Group Minimum Supply (MT) | 255 | 1020 | 745 | 450 | 115 | 90 |
| Sales Group Maximum Supply (MT) | 325 | 1340 | 950 | 500 | 125 | 100 |
| 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 | 325 | 1340 | 950 | 500 | 125 | 100 |
| Premium 210kg drum - NZ | 325 | 1340 | 950 | 500 | 125 | 100 |
| Premium 1000kg bin - NZ | 325 | 1340 | 950 | 500 | 125 | 100 |
| Starting Price (USD/MT, FAS) | ||||||
| Regular 210kg drum - NZ/AU | $5,160 | $4,990 | $4,975 | $4,925 | $4,900 | $5,055 |
| Premium 210kg drum - NZ | $5,235 | $5,065 | $5,050 | $5,000 | $4,975 | $5,130 |
| Premium 1000kg bin - NZ | $5,260 | $5,090 | $5,075 | $5,025 | $5,000 | $5,155 |
Forecast Information - Fonterra NZ AMF
| Forecast Offer Quantities (MT) | ||||||
| Trading Event | TE 395 | TE 396 | TE 397 | TE 398 | Forecast | Change on Previous Forecast |
| Date | 07 Jan 26, NZDT | 21 Jan 26, NZDT | 04 Feb 26, NZDT | 18 Feb 26, NZDT | ||
| Fonterra | 12 Month | |||||
| Contract 1 | 275 | 275 | 275 | 275 | 6,500 | -25 |
| Contract 2 | 1,100 | 1,100 | 1,125 | 1,125 | 27,090 | 335 |
| Contract 3 | 625 | 625 | 575 | 575 | 18,985 | 350 |
| Contract 4 | 450 | 450 | 350 | 350 | 11,650 | 0 |
| Contract 5 | 100 | 100 | 0 | 0 | 200 | -250 |
| Contract 6 | 0 | 0 | 0 | 0 | 0 | -200 |
| Totals | 2,550 | 2,550 | 2,325 | 2,325 | 64,425 | 210 |
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