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9 May 2024 8:52
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  •   Home > News > Business

    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.

    © 2024 Newstalk ZB, NZCity

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     Top Stories

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    New Zealand Rugby general manager of the professional game, Chris Lendrum, has defended All Blacks sabbaticals More...


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     Today's News

    Entertainment:
    Princess Beatrice says her mum Sarah Ferguson is "all clear" and "doing really well" after a double cancer scare 8:45

    Rugby:
    New Zealand Rugby general manager of the professional game, Chris Lendrum, has defended All Blacks sabbaticals 8:37

    Law and Order:
    Investigations continue today into Sunday night's fatal shooting on Auckland's Ponsonby Road 8:37

    Law and Order:
    A 15-day Coronial inquest into the death of Lachlan Jones has entered its second week in Invercargill 8:17

    International:
    While Ukraine's men have been mobilised for war, women have taken on the job of reporting it 8:17

    Entertainment:
    Ioan Gruffudd's fiancée Bianca Wallace insists their relationship started four months after the actor split from his wife Alice Evans 8:15

    Business:
    A new partnership aims to bring more tourists to our shores from Australia 8:07

    Entertainment:
    Tom Brady was mercilessly mocked for not seeing his ex-wife Gisele Bündchen's relationship with her jiu-jitsu trainer coming during his Netflix roast 7:45

    Cricket:
    An extraordinary run-chase in cricket's Indian Premier League 7:37

    Auckland:
    Four people are moderately injured after a crash in Auckland's Titirangi, early this morning 7:27


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