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.

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26 Nov: The Reserve Bank's slashed the Official Cash Rate, and is leaving its options open on what's next

26 Nov: A man's appearing in court today charged with arson - over a large fire at a plastic recycling business south-west of Auckland, at Waiuku, on Monday night

26 Nov: Tensions are rising over Christchurch's temporary stadium, with Canterbury Rugby League claiming it's owed hundreds of thousands dollars in revenue

26 Nov: Property resale performance across the country is at its softest point since 2013

26 Nov: RMA Reform Minister Chris Bishop says regional councils add layers of confusion, as he looks to scrap them

25 Nov: Bird flu confirmed in elephant seal population at Heard Island

25 Nov: Fonterra still expects most dairy farmers to break even this season

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