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3 Nov 2024 20:33
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  •   Home > News > Rural

    Christmas is coming early for dairy farmers

    Christmas is coming early for dairy farmers


    Fonterra
    Fonterra
    Fonterra's confirmed a surprisingly high 55 cent total dividend for the past financial year, after posting a strong 1.1 billion dollar net profit.

    It's forecasting earnings of 40 to 60 cents per share for the current year.

    It's also raising its forecast Farmgate Milk Price, for the second time this season -- lifting the midpoint from 8-dollars-50 to 9-dollars.

    © 2024 Newstalk ZB, NZCity

     Other Rural News
     22 Oct: A big player in the dairy industry both in New Zealand and abroad, Theo Spierings , has died
     30 Sep: Fonterra is being sued - accused of greenwashing
     30 Sep: Fonterra's released its latest revised strategy, that will see it focus on selling ingredients to businesses, rather than finished food products to consumers
     25 Sep: Things are looking on the up for the dairy sector
     18 Sep: Fonterra is investing 150-million-dollars into a new cool store at its Whareroa site in Taranaki
     18 Sep: Dairy prices have risen 0.8 percent at the latest Global Dairy Trade auction overnight
     17 Sep: A better outlook than anticipated for dairy farmers
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