News | Rural
24 Feb 2026 1:18
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • 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 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.

    © 2026 Newstalk ZB, NZCity

     Other Rural News
     20 Feb: Fonterra is raising its forecast payout to farmers, following the latest rise in global dairy prices
     20 Feb: Fonterra's announced an extra dividend for farmers - as it pushes ahead with the sale of its consumer arm
     19 Feb: Confidence green pastures lie ahead for Fonterra, as the sale of brands like Anchor and Mainland nears completion
     18 Feb: Dairy prices have risen another 3.6 percent at this morning's latest Global Dairy Trade auction
     23 Jan: Dairy farmers could be in an earlier-than-expected pay day
     22 Jan: Fonterra's taking its growing organic business south for the first time
     15 Jan: Potential for a dairy price recovery
     Top Stories

    RUGBY RUGBY
    Early positive signs for young Highlanders' loose forward Lucas Casey More...


    BUSINESS BUSINESS
    People appear to have regained confidence it's okay to shop More...



     Today's News

    Athletics:
    Sam Ruthe has completed the set 21:57

    Entertainment:
    Conner Smith will not face charges is relation to a fatal car accident 21:51

    Accident and Emergency:
    One person has died following a hit-and-run in Southland's Te Anau today 21:27

    Entertainment:
    Lando Norris has confirmed he has split from Portuguese model and actress Margarida Corceiro 21:21

    Motoring:
    Killing of 'El Mencho', Mexico's biggest drug lord, sparks chaos among cartel members 21:07

    Entertainment:
    Sir Paul McCartney has opened up about the deeply personal experience of seeing his "beautiful" late wife Linda McCartney on screen again in his new Prime Video documentary Man On The Run 20:51

    Entertainment:
    Lil Jon's son has been laid to rest 20:21

    Entertainment:
    Eric Dane has died aged 53 19:51

    Entertainment:
    Ashton Kutcher and Euphoria creator Sam Levinson have led tributes to the late Eric Dane 19:21

    Politics:
    ACT says more change is needed - after controversy over a Defence Force cultural policy 18:57


     News Search






    Power Search


    © 2026 New Zealand City Ltd