Fonterra's guaranteed milk price (GMP) pilot scheme for the current season has proven so popular that it has required scaling, the co-operative dairy giant said.
Fonterra said 328 farms have applied to supply 37 million kg of milk solids for the scheme but that it had maintained the size of the pilot at the targeted 15 million kgMS, about one per cent of its total milk supply.
As a result all applicants were scaled to 40 per cent of their requested kgMS, with a minimum threshold of 10 per cent of a farm's production.
Fonterra's director of commodity risk and trading, Bruce Turner said the uptake from farmers was a positive result.
"It has given us a broad cross section of farmers from right across the country who are at varying stages of their farming operations," Turner said in a statement.