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19 Nov 2025 23:41
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  •   Home > News > Rural

    Fonterra is on course to inject 11 billion dollars into the economy this year

    Fonterra is on course to inject 11 billion dollars into the economy this year


    Fonterra
    Fonterra
    Agriculture was labelled essential during the lockdown and able to continue operating.

    The company's set a milk price for the coming year of 5 dollars 40 to 6 dollars 90 per kilo of milk solids -- an unusually wide range due to uncertainly around covid-19.

    Chief executive Miles Hurrell says the lockdown worked in their favour.

    He says out of home consumption has declined, but the retail business has gone very well for them in the third quarter -- as people bought milk, cheese and yoghurt to take home.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     31 Oct: Chris Luxon is defending Fonterra farmers, who've faced a scathing critique from Winston Peters
     30 Oct: There are no guarantees Anchor, Mainland and Kapiti products will always be made with New Zealand dairy
     30 Oct: Plenty at stake for Fonterra farmers, as they weigh up whether to sell the co-op's consumer brands
     24 Oct: A senior analyst believes the sale of Fonterra's brands wouldn't be just a short term sugar hit
     24 Oct: A belief the sale of Fonterra will benefit the sectors adjacent to the farming industry
     22 Oct: Fonterra's announced a 75-million-dollar investment to expand butter production at its South Canterbury Clandeboye site
     20 Oct: The Prime Minister's in favour of Fonterra's selling Anchor, Mainland and Kapiti - but says it's not his decision
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