News | Rural
16 Sep 2025 15:33
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's happy it's further reduced debt

    Fonterra's happy it's further reduced debt


    Fonterra
    Fonterra
    It's made a 599 million dollar profit this financial year, 60 million dollars down on last time.

    The dairy giant says last year's results were boosted by selling shares in two companies.

    Farmers will get a final 2020-to-21 farmgate milk price of seven dollars.54 a kilo of milk solids, and shareholders a 20 cents per share dividend.

    CEO Miles Hurrell says it's shipped record volumes overseas despite the pandemic, and has continued to cut debt.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     26 Aug: A new development, in the sale of Fonterra's consumer arm
     23 Aug: Fonterra farmers are being tight-lipped on how they feel about selling its largest brands - including Anchor and Mainland
     22 Aug: The Prime Minister's celebrating Fonterra's sale of it's consumer arm to a foreign dairy giant
     21 Aug: The uncertainty isn't over for dairy farmers
     12 Aug: Could iconic Kiwi dairy brands like Anchor and Mainland soon be under French ownership?
     06 Aug: Dairy prices have risen 0.7 percent at the latest Global Dairy Trade auction overnight
     25 Jul: Nicola Willis insists her talks with Fonterra about butter prices have been productive
     Top Stories

    RUGBY RUGBY
    Netball New Zealand board chair Matt Whineray claims stood-down coach Dame Noeline Taurua was aware of the investigation into the Silver Ferns environment, despite reports to the contrary More...


    BUSINESS BUSINESS
    ???1;Falling interest rates are yet to flow through to the housing market More...



     Today's News

    Rugby League:
    The Broncos will need to win through to the NRL final without lock Pat Carrigan 15:27

    Entertainment:
    Emily Ratajkowski's ex-husband Sebastian Bear-McClard is said to be enjoying a new relationship with Alessandra Brawn - the former girlfriend of actor Will Arnett 15:01

    Law and Order:
    The man accused of murdering right-wing activist Charlie Kirk, allegedly sent a text with his intentions to kill him prior to doing so 14:57

    Entertainment:
    Heidi Klum has marked her son Henry's 20th birthday by sharing a series of personal photographs and tributes on Instagram to her boy 14:31

    International:
    As the Trump administration blows up suspicious boats, legal experts raise red flags 14:27

    National:
    Donald Trump’s second state visit to the UK: the pageantry, politics and pitfalls 14:17

    Accident and Emergency:
    Two people have suffered injuries after a two vehicle crash on State Highway one in Oamaru 14:07

    Entertainment:
    Sir David Beckham asked Roman Kemp to watch out for his son Romeo Beckham in their seven-a-side football games 14:01

    Business:
    ???1;Falling interest rates are yet to flow through to the housing market 13:47

    Entertainment:
    Bowen Yang says Lorne Michaels encouraged him not to quit Saturday Night Live 13:31


     News Search






    Power Search


    © 2025 New Zealand City Ltd