Prepare to pay more for milk and cream in the New Year as dairy giant Fonterra increases its prices.

Customers have received letters from milk suppliers saying Fonterra had advised them “due to global demand, pricing across the range of fresh milk, flavoured milk and UHT products will increase by 9.1 cents a litre and fresh cream by 41.4 cents a litre, effective January 2”.

They sent the letters on to the media, outlining their concerns.

“Massive profits yet Fonterra still increase milk prices to everyday New Zealanders – no wonder fizzy drinks are the norm for our kids as the prices never increases,” one customer, who did not want to be named said.

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