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22 Sep 2020 4:21
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  •   Home > News > Rural

    Good news for farmers from Fonterra this morning

    Good news for farmers from Fonterra this morning


    Fonterra
    Fonterra
    The co-op has announced an increased forecast farmgate milk price range to between 6 dollars 55 and 7 dollars 55 per kilogram of milk solids.

    Fonterra CEO Miles Hurrell says the range remains wide, because of global trade tensions and political instability in some key sales regions.

    He estimates the cost revision will add another 450 million dollars into regional New Zealand.

    © 2020 Newstalk ZB, NZCity


     Other Rural News
     19 Sep: The strategy reset at Fonterra is paying off, and farmers wallets will see the benefits
     19 Sep: An agricultural economist is relieved to see Fonterra back in the black
     18 Sep: Fonterra's boss says the company is on the home straight - when it comes to debt and earnings
     18 Sep: Good news for dairy farmers - and the economy
     11 Sep: An independent review has warned about the pitfalls of social media after a dairying couple were stripped of their Share Farmers of the Year title
     06 Sep: Fonterra is lending crucial equipment to help New Zealand find a Covid-19 vaccine
     30 Aug: Double Diamond becomes the world's most expensive sheep, selling at auction for over $660,000
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