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11 May 2024 8:49
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  •   Home > News > Rural

    Dairy farmers aren't overly optimistic that a wide ranging milk payout will be narrowed

    Dairy farmers aren't overly optimistic that a wide ranging milk payout will be narrowed


    Fonterra
    Fonterra
    The Covid 19 crisis led dairy giant Fonterra to forecast a broad range of $5.40 to $6.90 per kilogram of milk solids for the 2020-21 season.

    Such a big range in the forecast payout, makes it difficult for farmers to budget.

    Federated Farmers North Canterbury president Cameron Henderson says some of our main markets are still fighting the virus and consumers are unable to buy our milk products.

    He says a payout above six dollars, would be welcomed by many farmers.

    © 2024 Newstalk ZB, NZCity

     Other Rural News
     23 Apr: Sheep farmers are being urged to hang on
     21 Mar: The boss of Fonterra is playing down concerns about the Chinese market
     21 Mar: A good news day for Fonterra shareholders
     21 Mar: Dairy farmers will be breathing a sigh of relief with Fonterra's latest results
     20 Mar: There's bad news for dairy farmers on the eve of Fonterra's half year results -- with dairy prices dropping a further 2.8 percent at the latest Global Dairy Trade auction this morning
     13 Mar: Sheep and beef farmers are looking down the barrel of their worst year in 15 years
     07 Mar: Sheep and goat milk farmers are being left with few options as the sector grinds to a halt
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