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9 Nov 2025 2:50
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      Home > News > Rural

    Good news for dairy farmers - and the economy

    Good news for dairy farmers - and the economy


    Fonterra
    Fonterra
    Fonterra's reported a 659-million-dollar net profit for the 2019/2020 season, after a 605-million-dollar loss last year.

    ASB economist Chris Tenent-Brown says, with Covid-19 impacts, its understandable the co-op is being cautious with it's forecast for next year - but he believes it will achieve a reasonable milk price next year.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     31 Oct: Chris Luxon is defending Fonterra farmers, who've faced a scathing critique from Winston Peters
     30 Oct: There are no guarantees Anchor, Mainland and Kapiti products will always be made with New Zealand dairy
     30 Oct: Plenty at stake for Fonterra farmers, as they weigh up whether to sell the co-op's consumer brands
     24 Oct: A senior analyst believes the sale of Fonterra's brands wouldn't be just a short term sugar hit
     24 Oct: A belief the sale of Fonterra will benefit the sectors adjacent to the farming industry
     22 Oct: Fonterra's announced a 75-million-dollar investment to expand butter production at its South Canterbury Clandeboye site
     20 Oct: The Prime Minister's in favour of Fonterra's selling Anchor, Mainland and Kapiti - but says it's not his decision
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     Today's News

    		 Accident and Emergency:
    Over 40 trampers evacuated, and an estimated 300 hectares burned, as a fire rages in the Tongariro Forest Park 22:07

     Environment:
    MetService has warned of severe thunderstorms sweeping across part of Northland 21:57

     Business:
    Major US tech companies have lost more than $1 trillion in market value since the beginning of November 2025 18:57

     Accident and Emergency:
    Fire fighters are battling what's estimated to be a 50-hectare vegetation blaze in the Tongariro Forest Park 18:47

     Soccer:
    Wellington Phoenix coach Giancarlo Italiano is backing his side to handle the occasion of tonight's first A-League Kiwi derby of the season against Auckland FC in the capital 18:37

     Politics:
    Inside the debate over the glass elevator Bali is building on the 'world's most beautiful beach' 18:17

     Auckland:
    A man has died after being pulled from the water at a beach, in Central Auckland 17:27

     Rugby:
    All Blacks first five Beauden Barrett has taken it upon himself to underline how close Scotland have come to tipping up New Zealand in the last two visits 17:17

     International:
    Sudan's crisis has entered a dramatic new phase — but it started years ago 17:07

     Soccer:
    Auckland FC will look to avoid getting caught up in the emotion of tonight's A-League derby against the Phoenix in Wellington 16:57

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