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5 Mar 2021 2:22
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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
     04 Mar: Fonterra is weighing up a possible increase to its Farmgate Milk Price, following the latest rise in global dairy prices
     02 Mar: Farmer calls to dump the Government's winter grazing rules, are growing in Southland
     25 Feb: Promising news for Fonterra shareholders
     28 Jan: Kiwi dairy farmers are leading the world in low emission production, but there's always room for improvement
     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
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