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16 Sep 2025 8:17
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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
     26 Aug: A new development, in the sale of Fonterra's consumer arm
     23 Aug: Fonterra farmers are being tight-lipped on how they feel about selling its largest brands - including Anchor and Mainland
     22 Aug: The Prime Minister's celebrating Fonterra's sale of it's consumer arm to a foreign dairy giant
     21 Aug: The uncertainty isn't over for dairy farmers
     12 Aug: Could iconic Kiwi dairy brands like Anchor and Mainland soon be under French ownership?
     06 Aug: Dairy prices have risen 0.7 percent at the latest Global Dairy Trade auction overnight
     25 Jul: Nicola Willis insists her talks with Fonterra about butter prices have been productive
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