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

17 Jan: An additional OCR cut is not expected for a while, and there even could be a hike

17 Jan: Finance Minister Nicola Willis has dropped some hints about this year's budget

16 Jan: Kiwis are feeling the pinch more at the checkout - than they are at the pump

16 Jan: Good news for our manufacturing sector

16 Jan: ???1;The construction sector's feeling optimistic, despite weak demand

15 Jan: Signs of recovery in at least parts of the retail sector

15 Jan: Potential for a dairy price recovery

Top Stories

RUGBY
Jeff Wilson is backing his former Otago and test teammate Jamie Joseph to take on the mantle of All Blacks coach More...

BUSINESS
An additional OCR cut is not expected for a while, and there even could be a hike More...

Today's News

Entertainment:
Evan Peters was "shocked" to find out Jessica Lange is returning to American Horror Story 15:53

Rugby:
Jeff Wilson is backing his former Otago and test teammate Jamie Joseph to take on the mantle of All Blacks coach 15:27

Entertainment:
Carrie Coon insists no one recognises her when she's brunette and her blonde locks make people "see her in a different way" 15:23

Law and Order:
The hunt continues for those responsible for a targeted shooting in South Auckland's Onehunga yesterday morning - as their victim fights for his life in hospital 14:57

Entertainment:
The nominees for the EE BAFTA Rising Star Award have been announced 14:53

Entertainment:
Melissa Gilbert "stands with" her husband Timothy Busfield following his arrest in coonection with child sexual abuse allegations 14:23

Rugby:
Munster rugby coach Clayton McMillan insists he is committed to the Irish province in the wake of the All Blacks job becoming vacant 14:07

Entertainment:
Cher is seeking over $1 million in legal fees from Sonny Bono's widow 13:53

Business:
An additional OCR cut is not expected for a while, and there even could be a hike 13:47

Rugby:
Jeff Wilson believes it was firmly the right call for New Zealand Rugby to remove Scott Robertson as All Blacks coach 13:27

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