News | Rural
6 Jan 2026 23:01
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  •   Home > News > Rural

    Farmers are creaming it and the economy will benefit

    Farmers are creaming it and the economy will benefit


    Fonterra
    Fonterra
    Fonterra has lifted its forecast Farmgate Milk Price.

    The midpoint range is now 9-dollars-20 per kg of milk solids -- up 50 cents on the previous forecast.

    The Country's Rowena Duncum says shareholders will receive about 25 to 35 cents per share this year, after years without a dividend.

    She says everyone else will get a slice of the action too, because it equates to 13.8 billion dollars to the economy this season.

    © 2026 Newstalk ZB, NZCity

     Other Rural News
     26 Dec: Some good news on the horizon for cattle and sheep farmers
     19 Dec: The Reserve Bank's weighing in on the Fonterra deal
     12 Dec: Dairy farmers are being warned they'll be taking a cut in earnings, due to falling global dairy prices
     04 Dec: Fonterra is getting closer to selling off its consumer brands like Anchor and Mainland
     03 Dec: The fall in global dairy prices continues
     01 Dec: A number of farms are converting to dairy, but cow numbers still lag behind previous peaks
     28 Nov: Farmers are turning out more milk with fewer cows
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