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26 Jan 2021 3:13
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  •   Home > News > Rural

    Fonterra farmers are grateful for an extra 20 thousand dollars coming their way when milk markets are so precarious

    Fonterra farmers are grateful for an extra 20 thousand dollars coming their way when milk markets are so precarious


    Fonterra
    Fonterra
    The dairy giant yesterday increased its price range forecast to six-dollars 70 to seven-dollars 30 per kilogram of milk solids - up from six-dollars 30 to seven-dollars 30.

    That pushes the mid-range point by 20 cents to seven-dollars.

    Federated Farmers president Andrew Hoggard says the extra income is a positive signal as Covid 19 has created an uncertain world.

    © 2021 Newstalk ZB, NZCity


     Other Rural News
     16 Dec: Some good news for farmers, in the last Global Dairy Trade auction before Christmas
     04 Dec: Fonterra farmers will share an extra 300 million dollars from a lifted milk price...thanks to strong demand from China
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     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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