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27 Jun 2022 21:08
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  •   Home > News > Rural

    Fonterra farmers are grateful for an extra 20 thousand dollars coming their way when milk markets are so precarious

    Fonterra farmers are grateful for an extra 20 thousand dollars coming their way when milk markets are so precarious


    Fonterra
    Fonterra
    The dairy giant yesterday increased its price range forecast to six-dollars 70 to seven-dollars 30 per kilogram of milk solids - up from six-dollars 30 to seven-dollars 30.

    That pushes the mid-range point by 20 cents to seven-dollars.

    Federated Farmers president Andrew Hoggard says the extra income is a positive signal as Covid 19 has created an uncertain world.

    © 2022 Newstalk ZB, NZCity

     Other Rural News
     24 Jun: Farmers says a stock control bylaw being proposed by the Tasman District Council, will be impossible for farmers to comply with
     23 Jun: Fonterra has lifted its Farmgate Milk Price to a new record high
     22 Jun: Dairy prices have dipped 1.3 percent at the latest Global Dairy Trade auction overnight
     17 Jun: Fertiliser co-operative Ballance say they are beginning to produce their own fertiliser
     08 Jun: Fonterra is buying back 50 million dollars' worth of its own shares
     08 Jun: Fonterra has announced a 50-million dollar share buyback
     08 Jun: Dairy prices have risen in the first Global Dairy Trade auction of the new season
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