In financial year 2024, the price for Synlait milk was around 7.83 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 2024
(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 0.59 U.S. dollars and 0.56 euros (as of November 2024). New Zealand's financial year runs from July 1 to June 30; for example, financial year 2024 starts on July 1, 2023 and ends on June 30, 2024. The value comprises of base milk price and average incentive price.
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Synlait Milk. (September 30, 2024). Milk prices of Synlait Milk Limited from financial year 2015 to 2024 (in New Zealand dollars per kilogram) [Graph]. In Statista. Retrieved December 30, 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 2024 (in New Zealand dollars per kilogram)." Chart. September 30, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/791884/new-zealand-farm-gate-synlait-milk-prices/
Synlait Milk. (2024). Milk prices of Synlait Milk Limited from financial year 2015 to 2024 (in New Zealand dollars per kilogram). Statista. Statista Inc.. Accessed: December 30, 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 2024 (in New Zealand Dollars per Kilogram)." Statista, Statista Inc., 30 Sep 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 2024 (in New Zealand dollars per kilogram) Statista, https://www.statista.com/statistics/791884/new-zealand-farm-gate-synlait-milk-prices/ (last visited December 30, 2024)
Milk prices of Synlait Milk Limited from financial year 2015 to 2024 (in New Zealand dollars per kilogram) [Graph], Synlait Milk, September 30, 2024. [Online]. Available: https://www.statista.com/statistics/791884/new-zealand-farm-gate-synlait-milk-prices/