Fonterra is raising its forecast milk price range to $8.40 to $9 per kilo of milk solids.

That's the highest in the co-op's history.

It's expected to contribute more than 13.2 billion dollars to the economy.

>> More Rural News

Other Rural News

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

10 Oct: A warning to dairy farmers - to prepare for greater climate swings

08 Oct: Dairy prices have fallen 1.6 percent at this morning's Global Dairy Trade auction

29 Sep: Synlait's confirmed the sale of its loss-making factory at Pokeno to US company, Abbott

26 Sep: Fonterra doesn't see an end in sight, to the growing demand for dairy

26 Sep: Most dairy farmers are now breaking even again, for now

Top Stories

RUGBY
Canterbury have made two changes to their starting side for Saturday's South Island showdown with Otago to decide the NPC season More...

BUSINESS
Fonterra's announced a 75-million-dollar investment to expand butter production at its South Canterbury Clandeboye site More...

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