In financial year 2023, the price for Synlait milk was around 8.5 New Zealand dollars per kilogram of milk-solid, a decrease from the previous year. Initially established as a dairy farming company, Synlait has gradually shifted it's focus to include milk and and milk powder processing, marketing, and distributing.
Milk prices of Synlait Milk Limited from financial year 2015 to 2023
(in New Zealand dollars per kilogram)
* Total milk price for Synlait Milk suppliers on standard milk supply contract, includes value and seasonal premiums. This is a milk season reflective payment that runs June 1 to May 31.
One New Zealand dollar is equal to approximately 0.61 U.S. dollars and 0.59 euros (as of November 2022).
New Zealand's financial year runs from July 1 to June 30; for example, financial year 2017 starts on July 1, 2016 and ends on June 30, 2017.
The value comprises of base milk price and average incentive price.
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Synlait Milk. (September 25, 2023). Milk prices of Synlait Milk Limited from financial year 2015 to 2023 (in New Zealand dollars per kilogram) [Graph]. In Statista. Retrieved November 12, 2024, from https://www.statista.com/statistics/791884/new-zealand-farm-gate-synlait-milk-prices/
Synlait Milk. "Milk prices of Synlait Milk Limited from financial year 2015 to 2023 (in New Zealand dollars per kilogram)." Chart. September 25, 2023. Statista. Accessed November 12, 2024. https://www.statista.com/statistics/791884/new-zealand-farm-gate-synlait-milk-prices/
Synlait Milk. (2023). Milk prices of Synlait Milk Limited from financial year 2015 to 2023 (in New Zealand dollars per kilogram). Statista. Statista Inc.. Accessed: November 12, 2024. https://www.statista.com/statistics/791884/new-zealand-farm-gate-synlait-milk-prices/
Synlait Milk. "Milk Prices of Synlait Milk Limited from Financial Year 2015 to 2023 (in New Zealand Dollars per Kilogram)." Statista, Statista Inc., 25 Sep 2023, https://www.statista.com/statistics/791884/new-zealand-farm-gate-synlait-milk-prices/
Synlait Milk, Milk prices of Synlait Milk Limited from financial year 2015 to 2023 (in New Zealand dollars per kilogram) Statista, https://www.statista.com/statistics/791884/new-zealand-farm-gate-synlait-milk-prices/ (last visited November 12, 2024)
Milk prices of Synlait Milk Limited from financial year 2015 to 2023 (in New Zealand dollars per kilogram) [Graph], Synlait Milk, September 25, 2023. [Online]. Available: https://www.statista.com/statistics/791884/new-zealand-farm-gate-synlait-milk-prices/
