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11 Dec 2025 18:13
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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
     04 Dec: Fonterra is getting closer to selling off its consumer brands like Anchor and Mainland
     03 Dec: The fall in global dairy prices continues
     01 Dec: A number of farms are converting to dairy, but cow numbers still lag behind previous peaks
     28 Nov: Farmers are turning out more milk with fewer cows
     25 Nov: Fonterra still expects most dairy farmers to break even this season
     23 Nov: Calls for farmers to get on top of worm treatment for their dogs - to stop the spread of C-ovis or sheep measles
     31 Oct: Chris Luxon is defending Fonterra farmers, who've faced a scathing critique from Winston Peters
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    Environment:
    A severe thunderstorm watch has been issued for the eastern North and South Islands - with flash flooding and small tornados possible 17:07

    Law and Order:
    The Herald has revealed Police used 28 motion-activated cameras in Waikato bush as they hunted for fugitive Tom Phillips 16:57

    Entertainment:
    Rebel Wilson is determined to teach her daughter about confidence 16:50

    Entertainment:
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    Business:
    All Blacks winger Sevu Reece has unfinished business in New Zealand, despite signing a three year deal to play in France from the end of next year 16:17


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