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21 Oct 2021 20:35
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  •   Home > News > Rural

    It's thought Fonterra may be preparing for an escalation of global trade wars

    It's thought Fonterra may be preparing for an escalation of global trade wars


    Fonterra
    Fonterra
    The dairy cooperative is forecasting a loss of up to 675-million-dollars this financial year, after massive write-downs of its assets.

    JMI Wealth director Andrew Kelleher says says they're trying to turn things around.

    He says getting through that is going to be quite challenging if the trading environment deteriorates, which may be what Fonterra's looking at.

    © 2021 Newstalk ZB, NZCity

     Other Rural News
     07 Oct: Some good news could be on the way for dairy farmers
     23 Sep: Fonterra has big plans for the future
     23 Sep: Fonterra's happy it's further reduced debt
     23 Sep: A big decision for Fonterra dairy farmers
     12 Sep: Farmers are excited at the prospect of converting to growing oats, but it will come down to what the yield per tonne price is
     08 Sep: Some good news for dairy farmers
     05 Jul: Changes to how Fonterra calculates the price of milk
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