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26 Jan 2021 3:25
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      Home > News > Rural

    Fonterra farmers will share an extra 300 million dollars from a lifted milk price...thanks to strong demand from China

    Fonterra farmers will share an extra 300 million dollars from a lifted milk price...thanks to strong demand from China


    Fonterra
    Fonterra
    The co-op today bumped up its forecast midrange payout by 20 cents -taking it to seven dollars.

    CEO Miles Hurrell says Fonterra should contribute about 10.5 billion dollars to the economy this financial year.

    © 2021 Newstalk ZB, NZCity


     Other Rural News
     16 Dec: Some good news for farmers, in the last Global Dairy Trade auction before Christmas
     05 Dec: Fonterra farmers are grateful for an extra 20 thousand dollars coming their way when milk markets are so precarious
     04 Dec: Fonterra is waiting on regulators to clear the sale of its Chinese farms
     04 Dec: A recovering China is lifting hopes that Fonterra will continue to piggy-back on growing milk demand
     04 Nov: Dairy farmers are looking ahead - both for the environment, and their farms
     21 Oct: A challenging year ahead for beef and sheep farmers
     15 Oct: Fonterra's increased the mid-point of its forecast farmgate milk price range to $6.80 per kilos of Milk Solids, up from $6.40
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