News | Rural
25 Sep 2020 8:51
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  •   Home > News > Rural

    Rapid gains in the New Zealand dollar have seen Fonterra trim its forecast payout by five cents for the recently completed season

    Rapid gains in the New Zealand dollar have seen Fonterra trim its forecast payout by five cents for the recently completed season


    Fonterra
    Fonterra
    But, the dairy-co-op has lifted its outlook for the current year based on resurgent Chinese demand.

    The mid-point for the year ahead has been bumped up 25 cents to $6.40 per kilo..

    © 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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