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10 Mar 2026 18:24
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  •   Home > News > Business

    Fonterra farmers are upbeat about their big upcoming pay day

    Fonterra farmers are upbeat about their big upcoming pay day


    Fonterra
    Fonterra
    The dairy co-op now has the go-ahead from regulators, to push ahead with the sale of its consumer brands to French dairy giant Lactalis for 4.22 billion dollars.

    Three point two billion will be paid back to shareholders at two-dollars a share..

    Fonterra Co-operative Council Chair John Stevenson says he's hearing many farmers are planning to reinvest back into their farms.

    He says they trade in international markets and there's always volatility in what they do, but the confidence that that money's coming is really reassuring.

    © 2026 Newstalk ZB, NZCity

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     Top Stories

    RUGBY RUGBY
    Zac Lomax's first Super Rugby outing could be against the Chiefs in a fortnight and he's sought the counsel of one of their greats in switching between codes More...


    BUSINESS BUSINESS
    Some New Zealand vehicle owners are set to receive a share of 10.9-million dollars following a settlement with manufacturer Hino More...



     Today's News

    National:
    How ‘looksmaxxing’ self-improvement apps are marketing misogyny to young men 18:17

    Motoring:
    Petrol prices surge across Asia, prompting rationing and price caps amid Middle East war 18:17

    International:
    Iraq war’s aftermath was a disaster for the US – the Iran war is headed in the same direction 18:07

    Rugby League:
    The Warriors have made one minor tweak from their NRL first round thumping of the Roosters for Friday night's second home game against Canberra 18:07

    Entertainment:
    Justin Timberlake has won a temporary restraining order to stop footage of his 2024 arrest being released 18:06

    Netball:
    Janine Southby is after assurances from Netball New Zealand - seven-and-a-half years after being squeezed out of the Silver Ferns coaching job 17:57

    Rugby League:
    Zac Lomax's first Super Rugby outing could be against the Chiefs in a fortnight and he's sought the counsel of one of their greats in switching between codes 17:47

    International:
    War in the Middle East: Police escort Iranian women's football team to airport amid protests 17:37

    Entertainment:
    Nicola Peltz Beckham has thanked the friends who came to husband Brooklyn Beckham's "special" birthday celebrations amid his feud with his family 17:36

    Law and Order:
    Auckland Police are asking for any information on 10-year-old Neriah - who's been reported missing from Otahuhu, last seen on Church Street about 7.30 yesterday morning 17:27


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