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 Business News

Other Business News

05 Feb: The Government's announced it'll invest in two horticulture developments on under-utilised Maori land in Northland and Waikato

05 Feb: A record financial result for Christchurch's Lyttelton Port Company

05 Feb: More uncertainty for dairy farmers who supply Canterbury milk processing firm Synlait

05 Feb: Auckland and Wellington are bearing the brunt of the latest unexpected rise in unemployment

04 Feb: A warning we've been burnt by high hopes for economic recovery

04 Feb: A move from the Warehouse Group to cut a chunk of head office roles has come as no surprise to the retail sector

04 Feb: The median sales price for a house in Auckland has reached one-million dollars for the first time in over a year

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BUSINESS
The Government's announced it'll invest in two horticulture developments on under-utilised Maori land in Northland and Waikato More...

Today's News

National:
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Business:
The Government's announced it'll invest in two horticulture developments on under-utilised Maori land in Northland and Waikato 11:07

Entertainment:
Minnie Driver believes "self-love and self-acceptance" are key to escaping the "trap" of being "frightened of losing your looks" 11:01

Law and Order:
A man who saved a family from drowning last month is being recognised as a hero 10:57

Motoring:
A chance to test his pedaling prowess against some of New Zealand's best riders has been seized Hayden Wilde 10:57

Politics:
Can One Nation turn its polling hype into seats in parliament? History shows it will struggle 10:37

Entertainment:
Cher baffled the crowd at the Grammy Awards by mistakenly announcing Luther Vandross as the winner of Record of the Year 10:31

National:
China’s new literary star had 19 jobs before ‘writer’ – including bike courier and bakery apprentice 10:27

Politics:
ICE and Border Patrol in Minnesota - accused of violating 1st, 2nd, 4th and 10th amendment rights - are testing whether the Constitution can survive 10:17

National:
Olives have been essential to life in Italy for at least 6,000 years – far longer than we thought 10:07

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