News | Rural
23 Jan 2022 18:10
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Days of Xmas
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Rural

    Fonterra has lifted its milk payment to farmers to a record level

    Fonterra has lifted its milk payment to farmers to a record level


    Fonterra
    Fonterra
    The co-operative is raising its forecast milk price range to $8.40 to $9 per kilo of milk solids.

    That increases the midpoint, which farmers are paid, to $8.70.

    That's likely to contribute more than 13.2 billion dollars to the economy.

    Westpac agri economist Nathan Penny says it's off the back of strong dairy auction prices over the last few months.

    He says that's reflected in soft production around the globe, and in New Zealand.

    © 2022 Newstalk ZB, NZCity

     Other Rural News
     19 Jan: A pleasant surprise for Fonterra at how much dairy prices have risen at the latest Global Dairy Trade auction
     11 Jan: Fonterra has been forced to slash its milk collection forecast
     18 Dec: Dairy farmers think they could face Covid-19 requirements when milk's picked up in the future
     18 Dec: Fonterra's employees have until the end of the month to say whether they think everyone at the company should be fully vaccinated against Covid-19
     10 Dec: The fate of Fonterra farmers is in the hands of Agriculture Minister Damien O'Connor
     09 Dec: Big changes could be on the horizon for Fonterra
     08 Dec: Another day with good news for dairy farmers
     Top Stories

    RUGBY RUGBY
    History made, and now a packed domestic season ahead for Kiwi sprinter Zoe Hobbs More...


    BUSINESS BUSINESS
    Council at centre of Melbourne catering controversy breaks silence on slug saga More...



     Today's News

    General:
    The San Francisco 49ers are through to their second NFC Championship game in three years, after a come-from-behind 13-10 win over the Green Bay Packers in the divisional round of the NFL playoffs 18:02

    Cricket:
    England's Twenty20 tour of Barbados has begun with a nine-wicket loss to the West Indies 18:02

    Cricket:
    It's a case of behind closed doors for New Zealand sport as long as the country is at the red traffic light setting 17:32

    International:
    French adventurer Jean-Jacques Savin found dead while attempting to row Atlantic 17:22

    Health & Safety:
    Get your Covid-19 booster vaccine 17:12

    Politics:
    New Zealand to impose tougher restrictions after Omicron community spread, Jacinda Ardern cancels wedding 15:52

    Living & Travel:
    Air New Zealand is bracing for service disruptions 15:32

    Health & Safety:
    An Auckland resthome worker has tested positive for Covid-19 - and may have Omicron 14:52

    Law and Order:
    Police are investigating an attempted aggravated robbery in Christchurch 14:02

    Law and Order:
    Tauranga police are asking for help to identify a man who was found dead this morning in the harbour 13:42


     News Search






    Power Search


    © 2022 New Zealand City Ltd